RENTING OF MACHINERY AND EQUIPMENTS WITH OPERATOR

[SOPL SOPL]

Dear Sir/ Madam

What is the SAC code for renting of Cranes, Hydras,Forklifts with operator and the gst rate applicable to it , read with Notification 20/2019 Central Tax (Rate) dated 30.09.2019 wef 1.10.2019?

AI Summary

Debate on GST Rates for Renting Cranes, Hydras, Forklifts with Operators: HSN 9966 vs HSN 9973, Notification 20/2019 A discussion on the Goods and Services Tax (GST) classification and applicable rates for renting cranes, hydras, and forklifts with operators. The primary query revolves around the correct Service Accounting Code (SAC) and GST rate, referencing Notification 20/2019. Participants debate whether these machines should be classified under HSN 9966 or 9973, with differing views on whether the presence of an operator affects classification. Some argue that HSN 9973 applies only without operators post-amendment, while others believe it still includes operators due to exclusion clauses. The conversation highlights the need for clarification from the Central Board of Indirect Taxes and Customs (CBIC).