Monday, June 22, 2020

GST rate of electronic parts used for converting vehicle from petrol to CNG

GST rate of electronic parts used for converting vehicle from petrol to CNG

THE AUTHORITY FOR ADVANCE RULING

The applicant vide their application for Advance Ruling has submitted that they are engaged in the business of manufacturing different types of model fuel conversion electronic parts mainly used for converting vehicle from petrol to gas (CNG/LPG) and vice-versa

The Question and Ruling as follows.

1. What is tax rate of SGST and CGST under Goods and Service Tax Act?

2. And which HSN code will apply?

RULING

(1) The tax rate of SGST and CGST on the products/goods manufactured by the applicant would be 28% (14% SGST + 14% CGST) under Goods and Service Tax Act.

(2) The HSN applicable on these products would be 87089900.

Read Order

Tags : Judgement, GSTAdvance Ruling

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