rate of Dvat on towels

[SANDEEP GUPTA]

Let me know the rate of Dvat on Towels

SK Gupta

[YAGAY andSUN]

Please see item 6304 92 60 Towels, other than terry towel on page no.61 in Annexure 1 of the First Schedule under DVAT Act. Link is appended below for your kind information.

http://dvat.gov.in/App_Themes/PublicNotices/Schedule_2014.pdf

AI Summary

DVAT classification of towels under the First Schedule directs the tariff entry that determines applicable tax treatment. Towels fall within the tariff entry listed in Annexure 1 of the First Schedule under the DVAT Act, described as 'towels, other than terry towel,' and that listed entry in the First Schedule determines the applicable DVAT rate; a public link to the schedule is provided for reference.