GST rate on aircraft engines set at a concessional rate under Schedule 1 until the schedule's expiry. Aircraft engines under the relevant tariff headings are subject to concessional GST treatment under Schedule 1, attracting a reduced GST rate for goods in that schedule. This concession is time bound and continues until the schedule's stated expiry. The schedule entry was inserted by a notification amending the schedules with an effective date specified in the notifying instrument.
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.
GST rate on aircraft engines set at a concessional rate under Schedule 1 until the schedule's expiry.
Aircraft engines under the relevant tariff headings are subject to concessional GST treatment under Schedule 1, attracting a reduced GST rate for goods in that schedule. This concession is time bound and continues until the schedule's stated expiry. The schedule entry was inserted by a notification amending the schedules with an effective date specified in the notifying instrument.
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