Taxability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2013
whether Packaged mineral water liable to VAT in Tamil nadu and What Rate?
CA Pallav Singhania
(Expert)
19 September 2013
Commodity code applicable to Water is 780 falls under fourth schedule which clearly says water is exempt other than the following:
1. Aerated, mineral, distilled , medicinal , ionic, battery, de-mineralised water and
2. water sold in sealed container therefore mineral water sold in container is taxable.
Since it is not appearing in first schedule Part B and C , it will be taxed at maximum rate of 14.5% Since it is a taxable commodity and CST sales also will suffer a tax.
1. Aerated, mineral, distilled , medicinal , ionic, battery, de-mineralised water and
2. water sold in sealed container therefore mineral water sold in container is taxable.
Since it is not appearing in first schedule Part B and C , it will be taxed at maximum rate of 14.5% Since it is a taxable commodity and CST sales also will suffer a tax.
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