https://www.taxtmi.com/caselaws?id=362834 The Authority ruled that marine propellers, rudder set, stern tube set, propeller shaft, and M.S. Shaft for couplings used in fishing/floating vessels should be taxed at 5% under Entry 252 of the relevant notifications, split between SGST and CGST. If these commodities are used for other purposes, the tax rate would be 18%. The decision was based on the intended use of the commodities, clarifying the tax classification for items related to fishing and floating vessels. en-us Tue, 29 May 2018 00:00:00 +0530 Tue, 18 Sep 2018 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362834 The Authority ruled that marine propellers, rudder set, stern tube set, propeller shaft, and M.S. Shaft for couplings used in fishing/floating vessels should be taxed at 5% under Entry 252 of the relevant notifications, split between SGST and CGST. If these commodities are used for other purposes, the tax rate would be 18%. The decision was based on the intended use of the commodities, clarifying the tax classification for items related to fishing and floating vessels. Case-Laws GST Tue, 29 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362834