GST classification: electromagnets and attendant permanent magnetic devices fall under Schedule 3 treatment for tax purposes. GST classification designates electro-magnets, permanent magnets and related articles as goods listed in Schedule 3, covering electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; and electro-magnetic lifting heads for application of Schedule 3 GST treatment.
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 classification: electromagnets and attendant permanent magnetic devices fall under Schedule 3 treatment for tax purposes.
GST classification designates electro-magnets, permanent magnets and related articles as goods listed in Schedule 3, covering electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; and electro-magnetic lifting heads for application of Schedule 3 GST treatment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.