Sales tax percentage

[Dhananjay Kulkarni]

Hello,

Can anybody help me with the percentage of sales tax to be levied for goods classified under HS code 84713010

Thanks

[YAGAY andSUN]

Under MVAT Act, IT Products attract VAT Rate @ 5%.  This has been mentioned in the Tax Schedule pertainint to IT Products.

AI Summary

VAT rate for IT products under the MVAT framework is specified in the tax schedule as a reduced standard rate. Goods classified under HS code 84713010, treated as information technology products, attract the VAT rate set out in the tax schedule; the tax schedule lists a VAT rate of 5% for IT products, which governs the levy on items within that tariff classification.