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2019 (10) TMI 790 - AUTHORITY FOR ADVANCE RULING, KARNATAKAConcessional Rate of tax - commodities such as marine propellers, rudder set, stem tube set, propeller shaft and couplings used only for the purpose of the fishing or floating vessels - taxable @ 5% or otherwise? HELD THAT:- In the instant case, it is an admitted fact that the applicant manufactures marine propellers and its accessories which are meant for use in fishing sector. The applicant contended that their products are exclusively meant for fishing vessels. However they have not provided any evidence towards exclusive usage of their products. Therefore the products of the applicant become parts of the goods falling under 8901, 8902, 8904, 8905, 8906 & 8907, only when they are meant for the said goods. Hence the concessional rate of GST in terms of entry number 252 of Schedule - I to the Notification No. 1/2007-Central Tax (Rate) dated 28.06.2017 would be applicable to the applicant subject to the condition that their product are used only as parts of goods falling under 8901, 8902, 8904, 8905, 8906 & 8907.
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