hi
Can any1 provide me with the latest Dvat list applicable??? or give me a link to it.
Is the list applicable from 2010 still valid today or r there changes in it??
Thanks
Archana Das (CA Final student) (622 Points)
23 September 2012hi
Can any1 provide me with the latest Dvat list applicable??? or give me a link to it.
Is the list applicable from 2010 still valid today or r there changes in it??
Thanks
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 23 September 2012
Delhi VAT - Change in VAT Rates with effect from 1-4-2010
S. No. |
ITEM |
New Tax Rates with effect from 1.4.2010 |
Existing tax Rates |
(%) |
(%) |
||
A - DVAT rates reduced from 12.5% to exempted (i..e. 0%) |
|||
1 |
Oral Iron Chelator Defarasirox |
0 |
12.5 |
B - DVAT rates reduced from 4% to exempted (i..e. 0%) |
|||
1 |
Liquefied Petroleum Gag (LPG) fro domestic use (being declared goods) |
0 |
4 |
C - New tax on certain items - exempted (i.e. 0%) to 5% |
|||
1 |
Bio inputs like Fertilizers and Micro-nutrients and plant growth promoters |
5 |
0 |
2 |
Kerosene stoves, lanterns and petromax and their spares |
5 |
0 |
D - Tax rate increased From 5% to 12.5% |
|||
1 |
Cutlery Items |
12.5 |
5 |
2 |
Fertilizers, Pesticides, Weedicides, Insecticides, Herbicides, Rodenticides and Plant Growth Regulators (other than those covered in the First Schedule) |
12.5 |
5 |
3 |
Mobile Phone and all mobile accessories costing above Rs. 10,000/- |
12.5 |
5 |
4 |
Invertors and their parts |
12.5 |
5 |
5 |
Readymade Garments costing above Rs. 5,000/- (but not including those made of Khadi) |
12.5 |
5 |
6 |
Writing instruments costing above Rs. 1,000/- per piece |
12.5 |
5 |
7 |
Dry fruits |
12.5 |
5 |
8 |
Kesar |
12.5 |
5 |
9 |
Magaj of all kind |
12.5 |
5 |
10 |
Plastic and tin containers including barrels |
12.5 |
5 |
11 |
Household plastic items such as combs, …….…. drums of capacity upto 100 litres |
12.5 |
5 |
12 |
Fittings for doors, window and furniture including (1) hinges-butt ………... (7) wire brushes |
12.5 |
5 |
13 |
Paint brushes |
12.5 |
5 |
14 |
Wood, timber, ply-board and laminated board |
12.5 |
5 |
15 |
Tractor tyres and tubes |
12.5 |
5 |
16 |
Wire mesh and Metal mesh |
12.5 |
5 |
17 |
Desi Ghee |
12.5 |
5 |
18 |
Glucose D |
12.5 |
5 |
19 |
Locks |
12.5 |
5 |
20 |
Weights and Measures |
12.5 |
5 |
21 |
Fibre board and particle board made out of agricultural wastes like Bagasse |
12.5 |
5 |
E - Tax rates increased from 12.5% to 20% |
|||
1 |
Diesel |
20 |
12.5 |
2 |
Aerated Drinks |
20 |
12.5 |
3 |
Watches above Rs. 5,000/- |
20 |
12.5 |
Regards,
RAJESH CHOUDHARY