IGST Rates and its impact

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..... IGST Rates and its impact
Query (Issue) Started By: - K.Shashi Nair Dated:- 28-11-2017 Last Reply Date:- 28-11-2017 Customs - Exim - SEZ
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Customs
Hello.. 8506 includes Primary .....

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..... and Secondary Cells. The Lithium Ion batteries /cells (including Mobile Phone Batteries) falls under this tariff. Under the amended notification, the IGST for 8506 has been revised from 28% to 18% T .....

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..... he imports that I do, are Parts of Lithium Ion Battery. This is being imported under 85079090. The IGST however for this is still at 28%. Under the Make in India concept, will the tariff rate of 8507 .....

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..... 9090 be revised to 18%? Else direct import of such battery will eventually turn out to be cheaper.. Thanks Reply By Ramaswamy S: The Reply: Parts of lithium ion battery falls under HSN 8506 9000. .....

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..... Batteries falling under HSN 8506 attracts 18% GST vide serial number 376A of Sch III. The parts of lithium battery attracts 18% IGST vide serial number 453 of Schedule III.
Discussion Forum - Kno .....

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..... wledge Sharing .....

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