CLARIFICATION ABOUT DUTIES

[Mohammad Ishaq]

Dear sir, i purchese used / old OF 85 T/HR WATER TUBE BOILER UNIT AND ITS ASSOCIATED SYSTEMS AND SPARES ON “AS IS WHERE IS BASIS” INCLUDING DISMANTLING & REMOVAL. water tube boiler of twin drum with super heater. (Make: M/s. Mitsuibishi Heavy Industries, Japan). AMOUNT 71,11,786/- Lumpsum price for Boiler UNIT and its associated systems and spares (including dismantling and removing of all in "as is where is" condition. Note: The quoted rate shall be excluding VAT/CST & IT which would be extra at prevailing rates at the time of delivery. The quoted price shall be deemed to be excluding Excise Duty, VAT/CST, IT, Service Tax etc. I NEED CLARIFICATION ABOUT DUTIES WHAT % ED WHAT % IT WHAT % SALE TAX I HAVE TO PAY WHAT % SERVICE TAX I HAVE COLLECT REGARDS ISHAQ

AI Summary

Tax liability on purchase of used industrial boiler: determine applicable excise, income, sales and service tax rates.
Query concerns tax liability on purchase of a used 85 T/HR water tube boiler sold on an "as is where is" basis including dismantling and removal, and asks which rates of Excise Duty, Income Tax, Sales Tax/VAT and Service Tax apply. Reply advises that exact percentages cannot be given without tariff classification and notification review and recommends consulting a tax practitioner or searching tariff codes and relevant notifications to determine applicable duties and compliance obligations.