Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
The Advance Ruling Authority addressed the issue of the classification and tax rate applicable to the supply of "EDF Thrusters with Battery Pack for Jet Suit." The Authority determined that the supply involves Electrical Ducted Fans (EDFs) along with Battery packs and accessories. The EDFs are classified under CTH 84145990 as they function as fans enclosed in a cylindrical housing. The applicable GST rate for this classification is 18% as per Entry Number 317B of Schedule III to Notification 1/2017-Central Tax (Rate). The ruling clarified that the supply falls within this category and is subject to the specified tax rate.
The Advance Ruling Authority addressed the issue of the classification and tax rate applicable to the supply of "EDF Thrusters with Battery Pack for Jet Suit." The Authority determined that the supply involves Electrical Ducted Fans (EDFs) along with Battery packs and accessories. The EDFs are classified under CTH 84145990 as they function as fans enclosed in a cylindrical housing. The applicable GST rate for this classification is 18% as per Entry Number 317B of Schedule III to Notification 1/2017-Central Tax (Rate). The ruling clarified that the supply falls within this category and is subject to the specified tax rate.
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