GST reduced-rate treatment for scientific and technical instruments used in launch vehicles and satellites is maintained under Schedule 1. Specified goods comprising scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, and raw material and consumables required for launch vehicles, satellites and payloads are included in Schedule 1 and attract GST at a reduced rate; the schedule entry was renumbered from 243A to 243B by the Integrated Tax (Rate) notification.
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Provisions expressly mentioned in the judgment/order text.
GST reduced-rate treatment for scientific and technical instruments used in launch vehicles and satellites is maintained under Schedule 1.
Specified goods comprising scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, and raw material and consumables required for launch vehicles, satellites and payloads are included in Schedule 1 and attract GST at a reduced rate; the schedule entry was renumbered from 243A to 243B by the Integrated Tax (Rate) notification.
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