what rate of upvat is on imitation jewellary ie. artificial jewellary. the rate in dvat is 5% but the rate in up vat seems to be 14% confirm please. refer act up vat [ 11. Articles (other than ornaments) made of rolled gold and imitation gold .] SCHEDULE-II. - rate 5%.
VAT rate on imitation jewellery guided by schedule classification of rolled and imitation gold articles, affecting applicable state VAT. Whether the VAT rate for imitation jewellery differs between schemes is raised; the enquirer contrasts Delhi's 5% rate with an apparently higher Uttar Pradesh rate and cites Schedule II, which lists articles (other than ornaments) made of rolled gold and imitation gold and states a 5% rate for those items. (AI Summary)