CANE FURNITURES

[SENTHILVEL SENTHIL]

SIR IAM BUYING CANES FROM ASSAM AND UP AND MAKING FURNITURES OUT OF IT. WILL IT COME UNDER VAT, IF SO WHAT %

PL ADVISE

[YAGAY andSUN]

Dear Senthilvel Senthil

Advance Ruling No. 076/2014-15, dated 24.12.2014 - Cane Furniture

It is clarified that ‘Cane furniture’ is taxable @ 14.5% as an unclassified commodity under Entry 69 of Part C of First Schedule to TN VAT Act, 2006.

This is for your kind information.

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

[Ganeshan Kalyani]

Tamil Nadu Commercial Tax website has a facility to view the Advance Ruling sought by the registered dealer. This would certainly help the dealer having doubt with respect to rate of tax on a particular product.

AI Summary

Taxability of cane furniture: treated as unclassified taxable goods under state VAT schedule; rely on the advance ruling. An advance ruling determined that cane furniture is taxable and classified as an unclassified commodity under the First Schedule to the Tamil Nadu VAT Act, establishing the applicable VAT treatment and schedule classification for dealers manufacturing and selling cane furniture within the State.