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GST - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

GST Rates - HSN Code - Bangles of base metal, whether or not ...

GST

August 5, 2017

GST Rates - HSN Code - Bangles of base metal, whether or not plated with precious metals, falls under tariff item 7117 19 10 and attract 3% GST.

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  1. GST Rates - HSN Code - Glass bangles (except those made from precious metals) falling under heading 7018 are exempt from GST.

  2. Classification of goods - HSN Code - rate of GST - Old Watches - Wrist watches, pocket-watches and other watches, including stopwatches, with case of precious metal or...

  3. Import policy - Changed from Free to Restricted - WASTE AND SCRAP OF PRECIOUS METAL OR OF METAL CLAD WITH PRECIOUS METAL; OTHER WASTE AND SCRAP CONTAINING PRECIOUS METAL...

  4. GST Rates - HSN Code - Lac or shellac bangles are classifiable under heading 7117 and attract 3% GST.

  5. Classification of product - rate of tax - Energy-G premium oil - Correct HSN Code of "Energy-G premium Oil" is HSN 1518

  6. Removal of gold Sludge without payment of duty - waste and scrap of containing precious metal or precious metal compounds - demand of duty confirmed - penalty waived - AT

  7. GST Rates - HSN Code - Plastic bangles falling under heading 3926 are exempt from GST.

  8. Foreign Exchange Management Act, 1999-Import of gold in any form including jewellery made of gold/precious metals or/and studded with diamonds/semi-precious/precious...

  9. Classification of goods - threaded metal nuts which function same as standard nuts - The impugned goods, i.e., Metal Nuts with metrical threading, Metal Nuts without...

  10. SEZ units - sourcing of precious metals from Nominated agencies - Strict Adherence of Rule 27(6) of SEZ Rule, 2006

 

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