Rates of taxes

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NitinPanthri (Querist)

01 July 2016 Dear Experts

I have been facing a challenge while deciding tax rates of covers, cases of phones in Delhi and Haryana which are having the following clauses in schedule in VAT acts:

Costing of cover Rs. 800 and Retail price is Rs. 1600
Costing of phone for which it will be used - 20,000 and Retail Price - Rs. 25,000

Delhi - Computers, telephone and parts thereof, teleprinter and wireless equipment and parts thereof, Mobile phone and all mobile accessories costing upto rupees ten thousand. - 5% otherwise 12.5%

Haryana - Cell Phones (including their parts and accessories) exceeding retail price of 10,000 - 8% Otherwise 5%.

Please advice me how to decide the rate and the interpretation of the law.

Thanks in Advance!

Regards, Nitin

Kaushik Joshi

Kaushik Joshi (Expert)

02 July 2016 Dear Nitin, Assuming only the basis of your example of case cover and phones, Delhi Case cover - 5% phone - 12.5% Haryana case cover-5% phone-8% in both state laws any thing costing less than 10000 will be charged at the lower rate. keep this in mind.

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