tracter parts

[Kusalava InternationalLimited]

What is the Tax Rate on Tractor parts / models

[KASTURI SETHI]

18% GST on tractor components.

[Rajan Rajan]

Sir, Is there any changes in Clutch and parts Rate reduced from 28% to 18% GST meeting held on 6th Aug 2017, if changes is there please share the amendment details

[KASTURI SETHI]

Yes. Wait for official Notification.

[Rajan Rajan]

We are having below service of Auto parts Manufacturing company , please share SAC for the service:

1) Repair Service

2)Tooling service

3)Prototype parts service

4)Warranty service

5)Licenses Service

AI Summary

GST rate on tractor parts revised, components moved to a lower slab pending official notification; service SAC queries raised. The document addresses GST classification and rate for tractor components, stating tractor components attract 18% GST, while noting queries whether certain items (e.g., clutch parts) were reduced from a higher rate and advising to await official notification for amendments. It also records requests for Service Accounting Codes for repair, tooling, prototype parts, warranty, and licenses services, with no SAC guidance provided in the exchange.