tracter parts

[Kusalava InternationalLimited]

What is the Tax Rate on Tractor parts / models

AI Summary

Company Seeks Clarity on GST Rates for Tractor Parts; Awaiting Official Notification on Potential Rate Changes A discussion initiated by a company inquired about the Goods and Services Tax (GST) rate on tractor parts, receiving four responses. One respondent confirmed an 18% GST rate on tractor components. Another asked if the GST rate for clutches and parts had been reduced from 28% to 18% following a meeting on August 6, 2017, and requested amendment details. The response advised waiting for an official notification. Additionally, there was a request for the Service Accounting Code (SAC) for various services offered by an auto parts manufacturing company, including repair, tooling, prototype parts, warranty, and licenses services.