Tax rate on Galaxy Tab

[Asked by 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

VAT rate on tablets depends on a statutory price threshold; lower rate applies below the threshold, higher rate above.
The Third Schedule was amended to treat computers, telephones, parts, mobile phones and mobile accessories as a single commodity entry and to apply a two-tier VAT rate: items priced up to the prescribed threshold attract VAT at 5% and items priced above that threshold attract VAT at 12.5%; suppliers must apply the rate based on the transaction price in accordance with the substituted Schedule.