Guys need help.
One of my client is selling handmade glass lamps i.e glass table lamps.
If we considered it as handcrafted item it will be taxed under 5% and if we will considered it as electronic item it will cover under 12.5% VAT.
what would be the correct classification for this.
Check Schedule III
| List of Goods Taxed at 5% |
Entry No.# 183
i.e
| Compact Fluorescent Lamp and Electronic Chokes (Bureau of Indian Standards certified or star rated by Bureau of Energy Efficiency),LED Lights |
Triveni Turbine Limited
Bengaluru
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BHUPINDER SHAH AND COMPANY
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Chirag N Shah & Associates
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VIKAS VERMA & CO
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Others
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CAclubindia
