Pranil Shah (4 Points)
12 December 2015I have a product that I import by the name of "Electroluminiscent Wire or EL wire" . It is esentially a type of light but is made up of copper wire coated with phosphor and covered with PVC. I would like to know if the product is exempted under Dvat or if not what is the applicable rate on it.
Deepak sharma
(Learner)
(1431 Points)
Replied 19 January 2016
It is clear above Item is not exempted
and Goods not specified in any other schedule taxable @ 12.5%
CAclubindia
