GST RATE ON TURBO VENTILATOR-RENEWABLE ENERGY DEVICE

[ROHIT GOEL]

8418090 FOR TURBO VENTILATOR AS PER WHICH IGST RATE OF 28% APPLICABLE

SOME PROFESSIONALS ARE OF THE VIEW THAT RENEWABLE ENERGY DEVICE UNDER CHAPTER 84 OR 85 ARE SUBJECT TO IGST RATE OF 5%.

CAN SOMEONE HELP IN FINDING THE CORRECT RATE APPLICABLE TO TURBO VENTILATORS

AI Summary

Debate on GST Rate for Turbo Ventilators: 28% or 5%? Ambiguity in Classification under Notification No. 1/2017-IGST (Rate). A discussion on the applicable GST rate for turbo ventilators, classified under renewable energy devices, raised a query about whether the correct Integrated Goods and Services Tax (IGST) rate is 28% or 5%. One participant referenced Notification No. 1/2017-IGST (Rate), noting that if turbo ventilators fall under the classification of refrigerators, freezers, and similar equipment in heading 8418, they are subject to a 28% IGST rate. However, this heading is also listed in another schedule with a 5% rate, creating ambiguity in classification.