Rate of GST on Chapter 8418

[Manish Sulakshane]

Dear Sir,

We are manufacturing Finned tube Heat exchangers used in Refrigeration and Air Conditioning Industries.

We manufacture Evaporators ( Coolers ), Condensers which were under the Chapter 8418.

Earlier our product was attracting GST @28% and in the recent GST Council meeting as well as in news papers we have been informed that most of the items under 28% have been reduced to 18% to be implemented from 15.11.2017.

We are waiting for the official notification which is still not out and would request you to kindly advise how we should sell our Products ( HSN 8418 ) at 28% GST or 18% GST?

Await your assistance please.

[Nash Industries I Pvt Ltd]

No change in the rate of tax. It is 28%.

Regards

S.Ramaswamy

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Ramasamy

AI Summary

GST rate on Chapter 8418 unchanged pending official notification; charge tax according to existing classification.
Pending issuance of an official notification, there is no change in the applicable GST rate for goods under Chapter 8418 (finned tube heat exchangers, including evaporators and condensers); suppliers should continue to charge tax in accordance with the existing classification and rate until an authoritative notification alters it.