AAR : 'Power Banks', not a 'Static convertor', classifiable as ‘Accumulator’ under HSN 8507

Karnataka AAR holds that ‘Power Banks’, used to charge mobile phones, tablets and other compatible electronic devices merits classification as “Accumulator’ under HSN 8507, taxable at 28%; Observes that  the principal function of the ‘Power bank’ is to store electricity in the battery of the said product and to supply the same when required, hence battery acts as main/core part of the device without which the power bank cannot function, while stating that, ch...