VAT in India
About VAT VAT Terminology VAT News India   Maharashtra VAT Act Delhi VAT Act Uttaranchal VAT Act Contact Us
        Punjab VAT Act      

Value Added Tax in India :: VAT in India, India VAT, VAT Expert India

1/5/2006

State to return VAT to NGOs for last year’s SMS aid messages

Filed under:

State to return VAT to NGOs for last year’s SMS aid messages

The state will return non-profit organisations the tax money from humanitarian aid collected through SMS messages sent from January 1 to September 30 last year under the proposal by Justice Minister Pavel Nemec approved by the government today.

“As of January 1, the new system took effect based on the agreement between the mobile telephone operators and non- governmental organisations, under which no VAT will be imposed on humanitarian aid,” Nemec said after a cabinet meeting.

The tax money will be returned to humanitarian organisations that are entitled to receiving at least 50,000 crowns. The total sum that will be returned by the state will be 2.66 million crowns.

The idea of collecting money for humanitarian purposes through aid SMSs appeared in the Czech Republic. More than 4 million such SMS messages have been sent by Czechs since April 2004 in support of various humanitarian projects.

More: ceskenoviny.cz







Value Added Tax

Archives (All)


Categories


Network Sites
Gurgaon Properties
India Real Estate
Travel to India
Education In India
Europe Travel Packages
Mexico Travel
World Famous Stadiums
World Travel News
Travel to Canada
World Travel Forum