Kohima, April 6 (DIPR): The Finance Department (Revenue Branch) has issued a notification stating that the Government of Nagaland has exempted from Value Added Tax (VAT) the projects being implemented under Restructured Accelerated Power Development and Reforms Programme (RAPDRP) and Integrated Power Development Scheme (IPDS) by the Power Department, Government of Nagaland with immediate effect until the formal implementation of the Goods and Services Tax (GST) regime or issue of further amendments, whichever is earlier. The exemption shall be reflected in Schedule-I of the Nagaland Value Added Tax Act, 2005, as follows: The existing entry Sl. No. 75 - Projects of Power Department under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) shall be replaced by the following entry - Projects of Power Department under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), under Restructured Accelerated Power Development and Reforms Programme (RAPDRP), and under Integrated Power Development Scheme (IPDS).
The notification was issued in exercise of the powers conferred by section 22 of the Nagaland Value Added Tax Act, 2005, and in partial modification of notification of even number dated March 10, 2016. This notification shall come into effect after the expiry of 14 days from the date of issue.
