Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
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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