KVAT - Rate of Tax

VASANTH D JAGANATH (Querist) 28 May 2008 This query is : Resolved
Dear Sir / Madam

My query is with regard to applicability of rate of tax for X-Ray Machine under KVAT Law, undery whih entry it is taxable at what rate"

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Guest (Expert) 28 May 2008
The X ray machine is medical equipment and falls under Sl. No. 61 of Third Schedule of the KVAT, 2005 and the rate of tax is 4%.

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