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Value Added Tax


About Value Added Tax

The Value Added Tax (VAT) is a type of tax collected from traders in India.

In May 08, Shahrukh Khan asked for the removal of VAT and Service Tax on the entertainment industry and sought the conferment of de-facto industry status.

Value Added Tax in News

Amar Ujala MSME Conclave: Make in UP - The First Ever in Uttar Pradesh
Business Wire IndiaAmar Ujala organized the first ever MSME conclave- Make in UP in Lucknow and got both the Union Minister Shri Kalraj Mishra and the Uttar Pradesh Chief Minister Shri Akhilesh Yadav in one common platform to discuss and ideate way forward for this sector last Saturday.  

Armco Metals Holdings Announces Financial Results for the Third Quarter of 2015
Armco Metals Holdings, Inc. ("Armco Metals Holdings") (NYSE MKT: AMCO), a U.S

Levon Resources Ltd. Announces Definitive Agreement to Acquire SciVac Ltd.
VANCOUVER, BC--(Marketwired - March 20, 2015) - Levon Resources Ltd. ("Levon") (TSX: LVN) (FRANKFURT: LO9) (OTCQX: LVNVF) and SciVac Ltd. ("SciVac") announced today that they have entered into an arrangement pursuant to which Levon will acquire 100% of the issued and outstanding ordinary shares of SciVac by way of a court-approved plan of arrangement (the "Arrangement").

Reliv International Reports Second-Quarter Financial Results
CHESTERFIELD, MO--(Marketwired - August 14, 2015) - Reliv International, Inc. (NASDAQ: RELV), a maker of nutritional supplements that promote optimal health, today reported its financial results for the second quarter of 2015.

Norsk Hydro: Long-term ICMS tax framework established for Hydro's Brazil operations
The Brazilian state of Pará has published a long-term ICMS tax framework for the aluminium producer Norsk Hydro ASA and related entities, developed between the parties. A new 15-year framework will replace the existing ICMS deferral on July 17.

Wolters Kluwer Acquires SureTax
Expands Wolters Kluwer's position in indirect tax solutions for the fast-growing telecoms sector

Certify Expands Global Reach With International Support
PORTLAND, ME--(Marketwired - June 18, 2015) - Certify, the second-largest provider of cloud-based travel and expense management software, announced today the availability of a global telephone support network for customers in 10 of the world’s most industrious business markets

Talvivaara Mining Company annual results review for the year ended 31 December 2014
Stock Exchange ReleaseTalvivaara Mining Company Plc30 April 2015

Announcement from the Annual General Meeting of East Capital Explorer AB (publ) on 21 April 2015
The Meeting adopted the income statements and balance sheets included in the Board of Directors' Annual Report for the parent company and the East Capital Explorer Group for the fiscal year 2014.

Notice to Attend Annual General Meeting in Net Insight
The shareholders in NET INSIGHT AB (publ) are hereby summoned to the annual general meeting on Thursday, May 7, 2015 at 10 a.m. by the company's offices, Västberga Allé 9, Hägersten, Stockholm

Amerigo Closes Bank Financing for Cauquenes Expansion
Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") announced today that Amerigo has now closed the bank syndicate financing (the "Bank Facility") with Banco Bilbao Vizcaya Argentaria ("BBVA") and Export Development Canada ("EDC") for the Cauquenes expansion as announced in the Company's March 19, 2015 press release. Initial funding of $23.6 million from the $64

Amerigo Secures Cauquenes Bank Financing Without Dilution to Shareholders
Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") announced today that the Company has received approval from a bank syndicate consisting of Mandated Lead Arrangers Banco Bilbao Vizcaya Argentaria ("BBVA") and Export Development Canada ("EDC") for a loan facility (the "Bank Facility") to MVC, the Company's Chilean operating subsidiary, for funding of up to $64

Talvivaara Mining Co. report on operational and financial status and development for the period of Jan 2014 - Feb 2015
Stock Exchange ReleaseTalvivaara Mining Company Plc27 February 2015

Kesko Group's comparatives according to the new segment structure for the period 1 Jan. 2014-31 Dec. 2014
KESKO CORPORATION STOCK EXCHAGE RELEASE 10.2.2015 AT 09.10 1(3)

Armco Metals Holdings Announces Financial Results for the Third Quarter of 2014
Armco Metals Holdings, Inc. ("Armco Metals Holdings") (NYSE MKT: AMCO), a U.S

Avangate Clients Automatically Compliant to Major EU VAT Regulation Change
Avangate, the leading Digital Commerce solution provider trusted by thousands of Software, Cloud and Online Services companies to grow their business worldwide, today announced that it is ready to accommodate the forthcoming European Union Value Added Tax regulation changes and ensure all Avangate clients will automatically remain VAT compliant

Talvivaara Mining Company report on operational and financial status and development for period of Jan-Nov 2014
Stock Exchange ReleaseTalvivaara Mining Company Plc28 November 2014

Imtech announces initial take-up of 51.31% in rights offering; rump offering starts with immediate effect
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN

Royal Imtech launches fully underwritten 131 for 1 Rights Offering to raise gross proceeds of approximately EUR 600 million
 NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION IN TO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN

Announcement from the Extraordinary General Meeting of East Capital Explorer AB (publ) on 19 August 2014
The Meeting resolved that the number of Directors to serve until the close of the next Annual General Meeting shall be six (6).

China Auto Logistics Reports Net Loss on Higher Revenues in 2014 Second Quarter
China Auto Logistics Inc. (the "Company" or "CALI") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, a leading provider of auto-related services and a minority participant in a used car sales joint venture, today announced that in its second quarter ended June 30, 2014, it saw revenues increase 3.11% year over year to nearly $114 million as imported auto sales grew 3

Notice of an Extraordinary General Meeting of East Capital Explorer AB (publ)
The shareholders of East Capital Explorer AB (publ), 556693-7404 (the "Company"), are hereby given notice to attend the Extraordinary General Meeting ("EGM") to be held on Tuesday 19 August 2014, at 13.00 at the Company's premises in Stockholm, Sweden at Kungsgatan 30, 14th floor. Registration for the meeting will commence at 12:30.

Rio Alto Secures USD$70 Million Financing
Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX: RIO)(LMA: RIO)(NYSE: RIOM)(DB Frankfurt: MS2) is pleased to announce it has obtained a commitment letter from Banco de Credito del Peru that provides for a financing for aggregate proceeds of USD$70 million.

China Auto Logistics Reports 2014 First Quarter Results
China Auto Logistics Inc. (the "Company" or "CALI") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, a leading provider of auto-related services and a soon to be entrant in used car sales in China, today reported that revenues in its first quarter ended March 31, 2014, were down slightly compared with last year's first quarter to approximately $107 million

Guanwei Recycling Corp. Reports 2014 First Quarter Results
Guanwei Recycling Corp

Announcement from the Annual General Meeting of East Capital Explorer AB (publ) on 22 April 2014
The Meeting adopted the income statements and balance sheets included in the Board of Directors' Annual Report for the parent company and the East Capital Explorer Group for the fiscal year 2013.

China Auto Logistics Reports 2013 Results
China Auto Logistics Inc. (the "Company" or "CALI") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, and a leading provider of auto-related services, reported today a lower year over year small profit for the year ended December 31, 2013, as it sought to maintain leadership in China's highly competitive luxury imported vehicle market

Notice to Attend Annual General Meeting in Net Insight
The shareholders in NET INSIGHT AB (publ) are hereby summoned to the annual general meeting on Thursday, May 8, 2014 at 10 a.m. by the company's offices, Västberga Allé 9, Hägersten, Stockholm

SHAREHOLDER ALERT: Pomerantz Law Firm Has Filed a Class Action Against Tesla Motors, Inc. and Certain Officers - TSLA
Pomerantz Grossman Hufford Dahlstrom & Gross LLP has filed a class action lawsuit against Tesla Motor, Inc. ("Tesla" or the "Company")(NASDAQ: TSLA) and certain of its officers

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Violin Memory, Inc. to Contact the Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Violin Memory, Inc. ("Violin Memory" or the "Company") (NYSE: VMEM) of the January 27, 2014 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against Violin Memory, certain executives and the underwriters of the Company's Initial Public Offering ("IPO").

FRIDAY DEADLINE: Levi & Korsinsky, LLP Reminds Investors of Class Action Against General Cable Corporation and Its Board of Directors and Deadline of December 20, 2013 to Seek Lead Plaintiff Position
Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased General Cable Corporation ("General Cable" or the "Company") (NYSE: BGC) between May 3, 2011 and October 14, 2013.

Armco Metals Holdings Announces Third Quarter 2013 Financial Results
Armco Metals Holdings, Inc. (NYSE MKT: AMCO) ("Armco Metals" or the "Company"), a distributor of imported metal ore and metal recycler in China, today announced its financial results for the third quarter and the first nine months of 2013.

China Auto Logistics Reports Third Quarter Results
China Auto Logistics Inc. (the "Company" or "CALI") (NASDAQ: CALI)

Guanwei Recycling Corp. Reports Third Quarter Results
Guanwei Recycling Corp. (NASDAQ: GPRC), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported today that the positive trends it began to see in the second half of 2012 in selling prices and stabilized labor and raw material costs continued through its third quarter ended September 30, 2013

Amerigo Executes Mandate Agreement With BBVA to Arrange Project Debt Financing
Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") is pleased to announce that its wholly owned Chilean subsidiary, Minera Valle Central S.A. ("MVC"), has executed a project financing mandate agreement (the "Mandate Agreement") with BBVA Chile and BBVA Securities Inc. (collectively "BBVA").

Modern Bakery Moscow 2014 Wins Russian Ice Cream Organization as Cooperation Partner
Topic of ice and ice cream at the 20th Modern Bakery Moscow 2014 Modern Bakery Moscow from 23-26 April 2014 Russian Ice Cream Association supports the 2014 anniversary fair Leading trade fair for confectionery and bakery in Russia For the bakery and confectionery branch in Russia, the topic of ice and ice cream is becoming increasingly important

Pohjolan Sanomat considering comprehensive structural reforms
Alma Media Corporation     Press release    1 October 2013, 10:15 a.m. (EEST)

Armco Metals Holdings Announces Second Quarter 2013 Financial Results
Armco Metals Holdings, Inc. (NYSE MKT: AMCO) ("Armco Metals" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today announced its financial results for the second quarter 2013 and first half year 2013.

Guanwei Recycling Second Quarter Results Reflect Continuing Favorable Trends

China Auto Logistics Reports 2013 Second Quarter Results; Also Provides Update on Previously Announced Letter of Intent to Acquire Tianjin Automall
Auto Sales Slipped in the Quarter as New Government Enforcement Procedures Reduced Imported Vehicle Availability and Increased Customer Costs; Company Sees Easing Ahead and is Continuing Aggressive Pricing StrategyInformal Discussions With Banks Are Proceeding for Financing Automall Acquisition for Estimated Purchase Price of $65 Million to $130 Million;$16

Euro Ressources Reports Earnings for the Six Months Ended June 30, 2013
EURO Ressources S.A. ("EURO" or the "Company") (PARIS: EUR) today announced its unaudited statutory interim financial results prepared in accordance with French Generally Accepted Accounting Principles ("GAAP") and its unaudited interim financial results prepared in accordance with International Financial Reporting Standards ("IFRS") for the six months ended June 30, 2013

Royal Imtech announces pricing of the rump offering in connection with its approximately EUR 500 million rights offering
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN

Royal Imtech announces 94.50% take-up in rights offering; rump offering starts with immediate effect
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN· 336,994,100 new ordinary shares subscribed for through the exercise of transferable subscription rights· Rump offering of 19,603,888 new ordinary shares to commence with immediate effect

Royal Imtech launches fully underwritten 4 for 1 rights offering of approximately EUR 500 million
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN   Rights offering important next step in financial restructuring of Royal Imtech Offering of 356,597,988 new ordinary shares at an issue price of EUR 1.40 per new ordinary share Issue price represents a discount of approximately 37

China Armco Metals Announces First Quarter 2013 Financial Results
China Armco Metals, Inc. (NYSE MKT: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler, today announced its financial results for the first quarter of 2013.

China Auto Logistics Reports 2013 First Quarter Results
China Auto Logistics Inc. (the "Company") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, a leading provider of auto-related services, and developer and operator of a leading automobile portal and auto-related websites, reported today that in the first quarter of 2013 the Company continued its aggressive luxury auto price-cutting strategy in order to expand its market share

Rimini Street Delivers Global Tax, Legal and Regulatory Updates
Rimini Street, Inc

General Cable Reports Second Quarter Results; Adjusted Operating Income of $84.5 Million and Adjusted EPS of $0.69 above Management’s Range of Expectations
General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended June 28, 2013

Serabi Gold plc ("Serabi" or the "Company"): Proposals for the Conditional Subscription for 270,000,000 Ordinary Shares at 6 Pence per Share; Approval of a Waiver of an Obligation Under Rule 9 of the City Code on Takeovers and Mergers; Notice of General Meeting; Posting of Circular

China Armco Metals Announces Third Quarter 2012 Financial Results
China Armco Metals, Inc. (NYSE MKT: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today announced its financial results for the third quarter and the first nine months of 2012.

China Armco Metals Announces Second Quarter 2012 Financial Results
China Armco Metals, Inc. (NYSE MKT: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today announced its financial results for its second quarter 2012 and first half year 2012.

China Auto Logistics Second Quarter Revenues Grew 18.3% on Sustained Growth in Imported Luxury Vehicle Sales
In the news release, "China Auto Logistics Second Quarter Revenues Grew 18.3% on Sustained Growth in Imported Luxury Vehicle Sales," issued earlier today by China Auto Logistics Inc. (NASDAQ: CALI), we are advised by the company that the fourth sentence of the fifth paragraph should read "Gross margins on these sales were 0.95% in the 2012 second quarter, compared with 1

Guanwei Recycling Reports 2012 Second Quarter Results
Guanwei Recycling Corp. (NASDAQ: GPRC), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported today that revenues in its second quarter ended June 30, 2012 increased 18.6% to $18,694,938, including $1,773,129 from the resale of raw materials, compared with revenues of $15,757,662 in the same quarter last year. The Company also reported an increase of 3

Strong dollar puts importers in difficult situation in Nepal
The freefall of the Nepali rupee against U.S. dollar has put businessmen, especially those involved in import business from the third countries, in a difficult situation: If they pass the higher import costs on to consumers, their sales might fall, and if not, they might occur losses.

Sheila Dikshit defends petrol price hike, assures relief
Amid fierce nationwide criticism, Delhi Chief Minister Sheila Dikshit has defended the Central Government's decision to hike the price of petrol, saying that her government would try to mitigate the problems of the public.

Grontmij announces pricing and placement of Rump Offering
THESE MATERIALS ARE NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY AND WHETHER IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Grontmij announces approximately 92% take-up in rights offering; rump offering starts with immediate effect
THESE MATERIALS ARE NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY AND WHETHER IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

China Armco Metals Announces First Quarter 2012 Financial Results
China Armco Metals, Inc. (NYSE Amex: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler, today announced its financial results for the first quarter of 2012.

China Auto Logistics 2012 First Quarter Revenues Climbed Past $100 Million on 33% Year Over Year Growth in Luxury Auto Sales
China Auto Logistics Inc

Golden Minerals Reports First Quarter 2012 Results
Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE Amex: AUMN) (TSX: AUM) announces first quarter 2012 results.

EURO Ressources: EURO Ressources Reports Earnings for the Six Months Ended June 30, 2012
EURO Ressources S.A. ("EURO", the "Company") (PARIS: EUR) today announced its unaudited statutory interim financial results prepared in accordance with French Generally Accepted Accounting Principles ("GAAP") and its unaudited interim financial results prepared in accordance with International Financial Reporting Standards ("IFRS") for the six months ended June 30, 2012

Organisations Can Leverage Syncada Enhancements to Develop Opportunities in Europe
European invoice audit, processing, financing, and payment is highly complex and difficult to manage, varying by country, currency, and payment category. Corporates, governments, and their suppliers often must work with multiple banks in different countries

Spanish Prime Minister Mariano Rajoy announces austerity measures in Parliament
Spanish Prime Minister Mariano Rajoy announces austerity measures even as ministers stage protests on the streets

Chief Minister assures withdrawal of VAT on sales in police canteens
Chief Minister participates in Commemoration Day parade

Akhilesh Yadav says no to FDI as it would hurt small traders
Akhilesh is open to reforms and won't take a decision unless FDI helps traders

Nationwide protests mark Bharat Bandh(Update: Shutdown)
The nationwide shutdown, called upon by the Bhartiya Janata Party (BJP) and the Left on Thursday in protest against the steep hike in petrol prices witnessed demonstrations, processions and roadblocks.

Punjab Deputy CM Sukhbir Badal slams Centre over petrol price hike
Criticizing the Central Government for the recent petrol prices hike across the country, Punjab Deputy Chief Minister Sukhbir Singh Badal on Tuesday said the former had the capacity to decrease fuel prices by removing unnecessary taxes, but was smartly diverting this responsibility to state governments.

Petrol cheaper by Rs. 1.26 in New Delhi
In an expectedly populist budget aimed at reclaiming Congress' support base for the Assembly elections post the ignominy of MCD polls, the Delhi government on Monday slashed sales tax on petrol by Rs 1.26, even as the consumers will have to pay an extra five percent of Value Added Tax (VAT) on Compressed Natural Gas (CNG).

Golden Minerals Reports Third Quarter 2011 Results and Operational Improvements at Velardena
Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE Amex: AUMN) (TSX: AUM) is pleased to announce results for the third quarter 2011.

Thomson Reuters Granted Patent for Universal Tax Determination Engine
 

Signet Reports 47.5% Increase in EPS for First Quarter Driven by a 10.2% Rise in Same Store Sales
Signet Jewelers Limited ("Signet") (NYSE: SIG) (LSE: SIG), the world's largest specialty retail jeweler, todayannounced its results for the 13 weeks ended April 30, 2011 ("Q1 Fiscal2012(1)").

Elemica Director Gary Neights Presents at FUSION 2011
Elemica, leading provider of supply chain integration and optimization services to the chemical, tire & rubber, energy and selected manufacturing industries, announces that Gary Neights, Director Product Management will be speaking at the FUSION 2011 conference on Thursday, May 12, 2011 in Orlando, Florida

Signet Reports Strong Fiscal 2011 Results
Signet Jewelers Ltd ("Signet") (NYSE: SIG) (LSE: SIG), the world's largest specialty retail jeweler, todayannounced its results for the 13 weeks ("fourth quarter") and for the 52weeks ("Fiscal 2011") ended January 29, 2011.

Endeavour Silver Reports Record Earnings, Cash-Flow and Revenues in 2010
Endeavour Silver Corp. (TSX: EDR)(NYSE Amex: EXK)(DBFrankfurt: EJD) announced today record earnings, cash-flows and revenues for the fourth quarter and fiscal year ended December 31, 2010, thanks to the Company's sixth consecutive year of growing silver and gold production, lower cash operating costs and higher precious metal prices.

SouthGobi Resources Announces 2010 Preliminary Financial Results
SouthGobi Resources Ltd. (TSX: SGQ)(HK: 1878), ("SouthGobi" or the "Company") is pleased to announce its unaudited financial results for the fourth quarter and year ended December 31, 2010. All figures are in U.S. dollars unless otherwise stated.

Tea traders in Coimbatore urge Tamil Nadu government to introduce uniform VAT rate
The Tea Trade Association of Coimbatore (TTAC) has urged the Tamil Nadu government to introduce uniform VAT (Value Added Tax) rate for tea sold through auction centres.

Trader's association call for shutdown in J-K against rising inflation
The Kashmir Economic Alliance (KEA), an apolitical trade body, has called for a statewide shutdown against the rising inflation.

ADB not satisfied with utilisation of 'available' funds in Pakistan
The Asian Development Bank (ADB) has raised concern that despite being available, funds are not being spent properly on developmental projects in Pakistan.

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