Submersible Pumps for Agriculture Tax-Free Until June 2006; Now Taxed if Below 5 HP Capacity.

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....HVAT - submersible pump sets used for agricultural purposes fall in Entry 1(D)(9) of Schedule 'B' upto June 30, 2006, hence tax free. From 1.7.2006 onwards pump sets below 5 HP capacity will fall in Entry 71-A in Schedule 'C', hence will be taxable irrespective of its end use - HC....