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2020 (7) TMI 344 - AAR - GSTClassification of vessel - rate of IGST - Tug Jupiter, let out under a charter for 730 days (with an option to extend the contract one year more) - Whether classifiable under SAC 996602 or under SAC 997319? - HELD THAT:- Hon’ble Tribunal in the case of SHIPPING CORPORATION OF INDIA LTD. VERSUS COMMR. OF CUS. (IMPORT) , MUMBAI [2013 (7) TMI 881 - CESTAT MUMBAI] categorically, held that they are not machinery, equipment or tools. In an appeal to High Court in the case, the court ratified the same and hence a tug is not a machinery, equipment or tools independently but considered to be a vessel. Thus, Tug Jupiter let out by the applicant to RIL on charter basis is classifiable under Sl.No.10 of Heading 9966, vide Notification No. 1/2018-IT(Rate) dated 25.01.2018 read with Notification No. 8/2017-IT(Rate) dated 28.06.2017.
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