Tax rate on Galaxy Tab

[Guest]

Hi,

Please help to understand the taxation on Galaxy Tab, prices of most of the Tab is more then 10K however some vendors are charging 5% on this and some are charging 12.50% in Delhi.

is there any rule wherein it's mentioned that which tax category is applicable on this model.

Thanks,

Pravesh

AI Summary

Galaxy Tab VAT Rates: 5% for Devices Under 10,000, 12.50% for Over 10,000 per DVAT Act, 2003 Amendment. A user inquired about the varying VAT rates applied to the Galaxy Tab in Delhi, with some vendors charging 5% and others 12.50%. A response clarified that according to a notification under the DVAT Act, 2003, devices like computers and mobile phones costing up to 10,000 are subject to a 5% VAT rate, while those priced above 10,000 incur a 12.50% VAT rate. The amendment to the Third Schedule effective from April 1, 2010, specifies these tax categories. The user expressed gratitude for the clarification.