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DVat rate on Power Bank, VAT + CST |
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DVat rate on Power Bank |
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Dear all, I would like to have the clarification on the Dvat rate applicable to "Power Banks" used to store electric power and later on we can use it to charge our mobile phones, MP3/MP4 & TABLET. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Power Bank may fall under unclassified items and may attract 12.50%. You may also opt for DDQ ( Advance Ruling) on Payment of Fees of ₹ 1000/- to the DVAT Department and obtain the clarification under Section 84 of the DVAT Act on this matter.
It is better to classify power bank under other items or unclassified items and pay 12.50% of tax than taking resort to. Advance ruling. Page: 1 Old Query - New Comments are closed. |
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