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Dvat rate on Lift, VAT + CST

Issue Id: - 1271
Dated: 14-6-2009
By:- SURENDRA KUMAR

Dvat rate on Lift


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WHAT IS THE RATE OF DVAT ON LIFT PURCHASED

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1 Dated: 16-6-2009
By:- pradeep Khatri

If it is not mentioned in any Tax Schedule and it will by default fall under residuary list. Hence, lifts may attract DVAT @ 12.50%. Please also cross check from the Commissioner of DVAT. You may also get clarification from the Commissioner of DVAT on a payment of Rs. 500/-under Section 84 of the DVAT Act. Best Regards, Pradeep Khatri, Consultant - Indirect Taxation, [email protected]


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