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

GST classification determines IGST rate on turbo ventilators; refrigeration classification triggers higher rate while schedule listing gives lower rate.
Whether a turbo ventilator falls within the description of refrigerating or freezing equipment determines its IGST rate: if classifiable as such equipment it is chargeable to IGST at 28%; alternatively the tariff heading is listed in a schedule attracting IGST at 5%, so the applicable rate depends on the classificatory description the product satisfies.