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CENEX GST UPDATE – 11.08.2020

  • Writer: Cenex Legal
    Cenex Legal
  • Aug 12, 2020
  • 1 min read

Updated: Aug 14, 2020

GST - 'Toto' is classifiable under HSN 8703 as an electrically operated vehicle provided it is fitted with battery pack - Otherwise, it will be classifiable under HSN 8706 but not under HSN 8708: AAR


GST - Couplers, Knuckle, Locks, Toggle, Yoke etc. supplied to Indian Railways are classifiable under HSN 8607 (and not under HSN 7325) and attract GST @5%/12% (and not @18%): AAR


GST - Activity of assignment is service classifiable under 'Other miscellaneous service' (SAC 999792) and taxable @ 18%; tax paid on transfer fee is admissible as credit: AAR

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