TMI BlogDVat rate on Power BankX X X X Extracts X X X X X X X X Extracts X X X X ..... DVat rate on Power Bank X X X X Extracts X X X X X X X X Extracts X X X X ..... he 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. Reply By YAGAY AND SUN: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply: 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 c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... larification under Section 84 of the DVAT Act on this matter. Reply By MARIAPPAN GOVINDARAJAN: The Reply: It is better to classify power bank under other items or unclassified items and pay 12.50% o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f tax than taking resort to. Advance ruling. X X X X Extracts X X X X X X X X Extracts X X X X
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