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(EXCEPT the below commodities the MVAT Rate has changed from 5.5 % to 6% and from 12.5% to 13.5% w.e.f. 17th September 2016.)

4(A) Cotton yarn but not including cotton yarn waste

8 Aviation Turbine Fuel sold to a Turbo-prop aircraft

20 Cereals & pulses (with effect from 1st April 2006 onwards) in whole grain, split or broken form other than those to which any other entry in this Schedule or any schedule applies.

Rice, wheat and pulses in whole grain, split or broken form sold on or after 1st April 2006.

Paddy and rice, wheat and pulses in whole grain, split or broken form sold on or after 1st October 2006.

Paddy and rice, wheat and pulses in whole grain, split or broken form sold on after 1st April 2010.

22 Coal including coke in all its forms but excluding charcoal.

25(A) Cotton, that is to say, all kinds of cotton (indigenous or imported) in its unmanufactured state, whether ginned or unginned, baled, pressed or otherwise excluding cotton waste.

27 Crude oil, that is to say, crude petroleum oils, and crude oils obtained from bituminous minerals (such as shale, calcareous rock, sand), whatever their composition, whether obtained from normal or condensation oil deposits or by the destructive distillation of bituminous minerals and whether or not subjected to all or any of the following processes:

(1) decantation;

(2) de-salting;

(3) dehydration;

(4) stabilisation in order to normalise the vapour pressure;

(5) elimination of very light fractions with a view to returning them to the oil deposits in order to improve the drainage and maintain the pressure;

(6) the addition of only those hydrocarbons previously recovered by physical methods, during the course of the above mentioned processes;

(7) any other minor process (including addition of pour point depressants of flow improvers) which does not change the essential character of the substance.

55 Iron and steel

57 Jute that is to say, the fiber extracted from plants belonging to the species Corchorus Capsularies and Corchorus oiltorius and the fiber known as mesta or bimli extracted from plants of the species Hibiscus Cannabinus and Hibiscus subdariffa-varaltissima and the fibre known as Sunn and Sannahemp extracted from plants of the species Crotalaria Juncea, whether baled or otherwise.

58 (a) Kerosene oil sold through the Public Distribution System;

(b) Liquefied Petroleum Gas for domestic use.

68 Oil seeds, that is to say:-
(i) Groundnut or Peanut (Arachis hypogaea);
(ii) Sesamum or Til (Sesamum Orientale);
(iii) Cotton seed (Gossypium Spp.);
(iv) Soyabean (Glycine seja);
(v) Rapeseed and Mustard-
(1) Torta (Brassica Campestris var toria);
(2) Rai (Brassica Juncea);
(3) Jamba-Taramira (Eruca sativa);
(4) Sarson-Yellow and brown (Brassica campestris var sarson);
(5) Banarasi Rai or True Mustard (Brassica nigra);
(vi) Linseed (Linum usitissimum);
(vii) Castor (Ricinus communis);
(viii) Coconut (i.e. Copra excluding tender coconuts) (Cocos nucifera)
(ix) Sunflower (Helianthus annus);
(x) Nigar seed (Guizotia abyssinica);
(xi) Neem, vepa (Azadirachta indica);
(xii) Mahua, Illupai, Ippe (Madhuca indica, M.Latifolia, Bassia, Latifolia and Madhuca longifolia Syn. M. Longifolia);
(xiii) Karanja, Pongam, Honga (Pongamia Pinnata Syn. P. Glabra);
(xiv) Kusum (Schlechera Olcosa, Syn. S. Trijuga);
(xv) Punna undi (Calophyllum, inophyllum);
(xvi) Kokum (Carcinia indica);
(xvii) Sal (Shorea robusta)
(xviii) Tung (Aleurites fordii and A. Montana)
(xix) Red Palm (Elaeis guinensis)
(xx) Safflower (Carthanus tinctorius)

101 (a) Fabrics and Sugar as defined from time to time, in section 14 of the Central Sales Tax Act, 1956.

Disclaimer: Above information is as per our analysis from the recent MVAT Notification dated 16th September 2016.


Published by

Rinav Ashok Khakhar
(Tax Lawyer)
Category VAT   Report

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