GST classification updated to include a broad list of tractor components, changing their applicable tax treatment under the schedule. The Government amends Schedule III - 9% of the Jammu and Kashmir GST notification to add specific tariff entries for a range of tractor components-including tyres and tubes; agricultural diesel engines above the stated cylinder capacity; hydraulic pumps; engines and transmission parts such as gear boxes, transaxles, brakes, clutches, steering assemblies; radiators, cooling systems, silencers; road wheels and various body panels and accessories-bringing these items within the schedule's rate and classification under the Jammu and Kashmir GST Act, 2017.
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GST classification updated to include a broad list of tractor components, changing their applicable tax treatment under the schedule.
The Government amends Schedule III - 9% of the Jammu and Kashmir GST notification to add specific tariff entries for a range of tractor components-including tyres and tubes; agricultural diesel engines above the stated cylinder capacity; hydraulic pumps; engines and transmission parts such as gear boxes, transaxles, brakes, clutches, steering assemblies; radiators, cooling systems, silencers; road wheels and various body panels and accessories-bringing these items within the schedule's rate and classification under the Jammu and Kashmir GST Act, 2017.
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