TMI BlogGST clarification on Elevator installationX X X X Extracts X X X X X X X X Extracts X X X X ..... Companies like OTIS and KONE supposedly are charging 12% GST on elevators installed for domestic use. They in return take some kind of bond signed from customers. However, all other companies are still charging 18% GST to their customers, even from those who install it in their private bungalows. I would request experts from this group to shed some light on this matter. As this would really be he ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lpful for private end-users. Can we also charge 12%, if yes then what would we require from customers? - Reply By KASTURI SETHI - The Reply = Companies like OTIS and KONE supposedly are charging 12% GST on elevators installed for domestic use. You have used the word, supposedly . Are you not sure ? Elevators, lifts etc. are classified under Chapter/Heading No.8428 which attract GST @18 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... % vide Notification No.1/17-CT (Rate) dated 28.6.17 amended up to 31.7.19. (Serial No.327 B). - Reply By Bhupendar Nagra - The Reply = Dear Sir, I am sure that MNC's are charging 12% but not sure if all of them are charging. About a few companies, I am sure of. I have seen their quotation and invoicing, charging 12% GST. If you could go to this below-mentioned link, I am sure you will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be more clear of what I am asking for. Thank you for taking out your precious time to reply. https://m.dailyhunt.in/news/india/english/financial+chronicle-epaper-finance/elevator+firms+baffled+over+eligibility+for+lower+gst+rate-newsid-76774221 - GST clarification on Elevator installation - Query Started By: - Bhupendar Nagra Dated:- 17-10-2019 Goods and Services Tax - GST - Got 2 Replies - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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