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(b) Whether under the facts and circumstances of the present case, the Rajasthan Tax Board, Ajmer was justified in ignoring/overlooking the fact that alternatively [2023:RJ-JP:24001] (7 of 23) [STR-17/2022] Memory Cards are IT products covered under Entry No.3 of Part A of Entry 65 of Schedule IV of the Rajasthan Value Added Tax Act, 2003 which provides for levy of VAT at the rate of 5 percent on 'Computer system and peripherals, computer printers excluding multi-functional devices & electronic diaries'?"

[2023:RJ-JP:24001] (16 of 23) [STR-17/2022] ANALYSIS

6. Heard the arguments advanced by both the sides, scanned the record of the STRs and considered the judgments cited at Bar.

7. Since the issue in question is classification of memory card under the RVAT Act, the relevant entries are reproduced as under:

SCHEDULE IV [See Section 4] Goods taxable at 5.5% SI No. Description of Rate of Tax Conditions, if Goods % any 65 I.T. products as 5.5% specified in Part-A of this Schedule SCHEDULE IV Part-A (See S. No. 65 of Schedule IV) Goods under Category of IT Products SI No. Description of Goods Rate of Tax % 3 "Computer system and 5.5% peripherals, networking items for LAN and WAN including wired and wireless switch, routers, modem, webcams, IP surveillance system, computer printers including multi functional devices and electronic diaries."