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2014 (11) TMI 332 - SC - VAT and Sales TaxRate of tax - rate of tax applicable on the sale of Stainless Steel Pressure Cooker, Aluminium Pressure Cooker, Stainless Steel LPG Stoves, Kerosene Stoves and Aluminium Non-stick tawa - Authority, clarified that the rate of tax applicable on the sale of Stainless Steel LPG Stoves, Kerosene Wick Stove and Stainless steel vacuum flask would be 12.5% under Section 4(1) (b) of the KVAT Act and on Aluminium Non-stick cookware would be 4% under Section 5 in Third Schedule of KVAT Act - Held that:- Legislature has amended the Schedule by specifically excluding 'Stainless Steel LPG Stoves' and 'Kerosene Wick Stoves' from Entry 5 of the Third Schedule of the KVAT Act. Since the legislature has amended the relevant entries, in our opinion, as of now nothing remains to be considered and decided by this Court - Appeal disposed of.
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