https://www.taxtmi.com/caselaws?id=396675 The Authority for Advance Rulings in Andhra Pradesh determined that the charter hire charges for the Tug Jupiter fall under Sl.No. 10 of Heading 9966, classifying them as rental services of water vessels under the GST Act. This classification attracts a 5% tax rate, contingent upon fulfilling specified conditions. The Authority concluded that tugs are categorized as vessels rather than machinery, influencing the applicable tax rate. en-us Mon, 24 Feb 2020 00:00:00 +0530 Fri, 08 Nov 2024 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396675 The Authority for Advance Rulings in Andhra Pradesh determined that the charter hire charges for the Tug Jupiter fall under Sl.No. 10 of Heading 9966, classifying them as rental services of water vessels under the GST Act. This classification attracts a 5% tax rate, contingent upon fulfilling specified conditions. The Authority concluded that tugs are categorized as vessels rather than machinery, influencing the applicable tax rate. Case-Laws GST Mon, 24 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396675