Schedules under MVat Act For Tax Rate Purpose

In MVat Act there are 5 Schedules through which dealer are decided their 

products Tax Rates :-

1) Schedule A:-
2) Schedule B:-
3) Schedule C:-
4) Schedule D:-
5) Schedule E:-

1) Schedule A :- 

                 In this Schedule goods are essential items which are Tax-Free. Eg. Bread,Milk,Cereals,Pulses etc.

2) Schedule B:-                                                                                                                            In this Schedule goods are bullion's and   specie, jewelry,diamonds,Imitation jewelry etc. It Tax Rate liable to @1 % & 1.10 %

3) Schedule C:-

                 In this Schedule goods are raw material,packing materials and I.T products liable to 5% Tax rate.

4) Schedule D:-

                  In this Schedule goods are liquors and motor spirits which are liable to Tax Rates 20 % & 50 %

5) Schedule E:-

                       In this Schedule all goods are covered which are not included in earlier Four Schedules.It liable to Tax Rate 12.5%