Rates of vat

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2012 Hi,

I want to know what are the rates of Vat for this Year. And also i need to know sale of Medical equipments falls to which category of tax.

RENGARAJ R.K

RENGARAJ R.K (Expert)
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17 July 2012 Kindly tell us the state the query relates?

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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20 July 2025 As of July 2012, India was operating under the Value Added Tax (VAT) system, which was later replaced by the Goods and Services Tax (GST) on 1st July 2017. Therefore, the VAT rates applicable in 2012 are no longer in effect.
Wikipedia

🏥 VAT on Medical Equipment in 2012
In 2012, the VAT rates on medical equipment varied across different states in India. For instance, in Delhi, the government decided to impose VAT on medical implants such as heart stents and pacemakers, which led to an increase in healthcare costs by approximately 5% .
The Times of India

However, the specific VAT rates for medical equipment in other states like Gujarat, Maharashtra, or Tamil Nadu were determined by their respective state VAT laws and schedules. These rates could differ significantly from state to state.

📦 Sale of Medical Equipment: Tax Category
The sale of medical equipment typically falls under the category of "Medical Instruments and Appliances". Under the VAT system, these items were generally subject to VAT at rates determined by individual states. For example, in Delhi, as mentioned earlier, medical implants attracted VAT .
Wikipedia
The Times of India

It's important to note that with the implementation of GST in 2017, the taxation structure for medical equipment changed. Under the GST regime, medical equipment is classified under specific HSN codes and taxed at rates such as 5%, 12%, or 18%, depending on the nature of the equipment .

✅ Recommendations
For Historical Reference (Pre-GST Era): To determine the exact VAT rates applicable to medical equipment in 2012, you would need to refer to the VAT schedules published by the respective state governments for that year.
For Current Information: Since the introduction of GST in 2017, it's advisable to consult the latest GST rate schedules or the official GST portal to obtain up-to-date information on the taxation of medical equipment.

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