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2022 (3) TMI 1087 - AAR - GSTClassification of goods - rate of GST - Marine engine - falling under HSN 8402 and 8407 or not - taxable at the rate of 28% or 5%? - applicability of circular No. 52/26/201-GST dated 9-8-18 - HELD THAT:- The fishing vessels are classifiable under heading 8902, and attract GST @ 5%, as per S. No. 247 of Schedule-I of the notification No. 1/2017-Central Tax (rate), dated 28-6-2017. Further, parts of goods of heading 8902, falling under any chapter also attracts GST rate of 5%, vide S. No. 252 of Schedule I of the said notification. The Marine engine for fishing vessel falling under Tariff item 8408 1093 of the Customs Tariff Act, 1975 would attract a GST rate of 5% by virtue of S. No. 252 of Schedule-I of the notification No. 1/2017-Central Tax (Rate), dated 28-6-2017.
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