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        GST

        Seeks to reduce IGST rate on specified parts of tractors from 28% to 18 % - 19/2017 - Integrated GST (IGST) Rate

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        IGST rate reduction for specified tractor parts: notification lowers integrated tax rate for listed tractor components under Schedule III. Amends the principal IGST rate notification by inserting serial numbers 452A-452O into Schedule III, listing specific HSN codes and descriptions for tyres, tubes, agricultural diesel engines (exceeding 250 cc), hydraulic pumps, bumpers, brake assemblies, gear boxes, transaxles, road wheels, radiator and cooling system assemblies, silencers, clutch assemblies, steering wheels, hydraulic components, and body components for tractors so that these parts receive the revised IGST treatment provided in Schedule III.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            IGST rate reduction for specified tractor parts: notification lowers integrated tax rate for listed tractor components under Schedule III.

                            Amends the principal IGST rate notification by inserting serial numbers 452A-452O into Schedule III, listing specific HSN codes and descriptions for tyres, tubes, agricultural diesel engines (exceeding 250 cc), hydraulic pumps, bumpers, brake assemblies, gear boxes, transaxles, road wheels, radiator and cooling system assemblies, silencers, clutch assemblies, steering wheels, hydraulic components, and body components for tractors so that these parts receive the revised IGST treatment provided in Schedule III.


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