Vat Rate for Submersible pump Starter & Spares
Dear Sir,
Please let us know the vat rate for Submersible pump Starter & Spares.(up to 7.5 Hp)
Regards,
Ranjith Kumar K
Clarification Issued: 5% VAT Rate on Submersible Pump Starters and Spares Up to 7.5 Hp Applies Broadly. A query was raised regarding the VAT rate applicable to submersible pump starters and spares up to 7.5 Hp. The initial response indicated a 5% VAT rate, referencing a clarification by the CT Department on agricultural portable pump sets. Another participant noted that the advance ruling decision applies specifically to the applicant. A follow-up response clarified that such decisions are not personal and apply broadly, suggesting that the discussion is part of a knowledge-sharing forum. (AI Summary)
VAT + CST