GST on watch and clock movements listed as taxable goods, subject to scheduled rate and amendment note. Complete watch or clock movements (unassembled or partly assembled movement sets), incomplete assembled movements and rough watch or clock movements are classified as taxable goods under the GST schedule and attract the specified GST rate through the stated validity date; the entry was amended by notification no. 43/2017 to broaden prior wording that referred only to clock movements.
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 on watch and clock movements listed as taxable goods, subject to scheduled rate and amendment note.
Complete watch or clock movements (unassembled or partly assembled movement sets), incomplete assembled movements and rough watch or clock movements are classified as taxable goods under the GST schedule and attract the specified GST rate through the stated validity date; the entry was amended by notification no. 43/2017 to broaden prior wording that referred only to clock movements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.