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2018 (6) TMI 561 - AAR - VAT and Sales TaxClarification on the rate of Tax - Centrifugal Monoblock Pumpset, Submersible Pumpset - Held that:- Entry 26 of Part-B of the First Schedule to the TNVAT Act, 2006 reads as under: (a) Centrifugal and Monoblock submersible pumpsets for water handling and parts thereof - 5% (Commodity Code 2026); (b) Pumpsets of 3 HP and 5 HP - 5% (Commodity Code 2026). It is clarified that "Centrifugal and Monoblock Submersible Pumpsets" for water handling are taxable @ 5% as per Entry in SI.NO. 26(a) of Part-B of the First Schedule to the TNVAT Act, 2006".
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