vat tax how much in andhra pradesh

[raju sureni]

Dear sir

I am raju,I have and commercial tax department also one doubt i.e. POLYURETHANCE FOAM INJECT PRODUCTS i.e., using of ice refrigeration. please reply to how much vat tax 5% or 14.50% with hsn code early as possible.

thanking you,

Yours faithfully,

[YAGAY and SUN]

Dear Raju,

HS Code 39269091 of polyurethane foam It is not mentioned in APVAT Tax Schedule. Hence, peak rate of tax @ 14.50% would be applicable. Further, you may also get clarification of DDQ from the Commissioner of APVAT Act on payment of prescribed fee. Generally, such clarifications are provided by the Department within 30 days from the date of application.

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

[DR.MARIAPPAN GOVINDARAJAN]

Yes, correct advice is given by the learned friend.

AI Summary

HSN classification determines applicable VAT rate; peak rate applies when an item is absent from the tax schedule.
HS Code 39269091 for polyurethane foam is not listed in the APVAT Tax Schedule; therefore the peak VAT rate applies. A formal clarification can be obtained by filing a DDQ with the Commissioner on payment of the prescribed fee, and the Department typically issues such clarifications within thirty days of application.