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2022 (11) TMI 139 - AAR - GSTClassification of goods - rate of GST - HSN Code - manufacturing of Industrial Safety belt and Harness - to be classified under HSN code 6307 or not - HELD THAT:- It is found that there is no specific heading in the tariff for classification of industrial safety belt manufactured by the applicant. It appears that the item industrial safety belt made of nylon, which may be termed as life belt, can be covered under Tariff item 6307 20 90. Further, serial number 224 of Schedule I and serial number 171 of Schedule-II respectively of Notification No. 01/2017-Central Tax (Rate) dated 28.06.2017, as amended from time to time, [corresponding State Tax Notification No. 1125-F.T. dated 28.06.2017, as amended]. The item industrial safety belt manufactured by the applicant would be classified under chapter sub-heading 6307 20 90 and tax would be levied @ 5% of item sale value not exceeding Rs.1000/- per piece and @ 12% in case where sale value exceeds Rs.1000/- per piece.
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