20 July 2025
In Karnataka (circa 2015โ16 under K-VAT), both potato chips and banana chips were classified as branded or processed snacks and taxed under the general entry for such items.
โ VAT Rate on Chips in Karnataka For both potato chips and banana chips, the applicable VAT rate was 12.5% revenue.ie +4 caclubindia.com +4 taxtmi.com +4 . This rate applies regardless of whether the product is a local or packaged branded item. The commodity falls under the K-VAT tax schedule at that rate.
๐งพ Quick Summary Table Product VAT Rate (Karnataka) Potato Chips 12.5% Banana Chips 12.5% ๐ Note: This is the VAT rate under the old regime. Now superseded by GSTโwhere snack foods like chips are taxed at 12% GST. If you need GST details or clarification on classification under GST, feel free to ask!