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2021 (12) TMI 887 - AAR - GSTClassification of goods - import of diagnostic and laboratory reagents - to be classified under heading 3822 of the Customs Tariff Act, 1975 are covered under Entry No. 80 of Schedule H to the Notification No.1/ 2017-Integrated Tax (Rate) dated 28.06.2017? - Circular No. 163/ 19/2021-GST dated 6th October, 2021 - HELD THAT:- The CBIC, vide para 10 of the Circular No. 163/ 19/2021-GST dated 6th October, 2021, clarified the issue of “whether the benefit of concessional rate of 12% would be available to laboratory agents and other goods falling under heading 3822”. It is held that the intention of the entry at S. No. 80 of Schedule II of notification No.1/2017- Integrated Tax (Rate) dated 28.6.2017 was to prescribe GST rate of 12% to all goods, whether diagnostic or laboratory regents, falling under heading 3822. Accordingly it is clarified that concessional GST rate of 12% is applicable on all goods falling under heading 3822, vide Entry at S. No. 80 of Schedule II of notification No.1/2017-Integrated Tax (Rate) dated 28.6.2017.
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