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Jolt amid power crisis, inverters to attract dual taxes
TIWN
Jolt amid power crisis, inverters to attract dual taxes
PHOTO : TIWN

New Delhi, Oct 27 (TIWN) If you are looking at buying a power inverter to get a good night's sleep amidst frequent power cuts, be ready to shell out more as the government has decided on a two-tier taxation on the product.

Accordingly, an inverter system with battery will attract 18 per cent GST towards the power backup machine while another 28 per cent on the battery coming with it.  The Central Board of Indirect Taxes and Customs (CBIC) has clarified that even if the UPS/ inverter and external battery are sold on the same invoice, their prices are separately known, and they constitute two separately identifiable items.

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