GST classification change for railway rolling stock after notification alters taxable entry and rate applicability. Change in GST tariff treatment for goods under heading 8603: a GST rate of 12% applied and the descriptive note-formerly describing self-propelled railway or tramway coaches, vans and trucks other than heading 8604-was later omitted by notification, thereby altering the taxable description and application of the Schedule entry for railway rolling stock.
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GST classification change for railway rolling stock after notification alters taxable entry and rate applicability.
Change in GST tariff treatment for goods under heading 8603: a GST rate of 12% applied and the descriptive note-formerly describing self-propelled railway or tramway coaches, vans and trucks other than heading 8604-was later omitted by notification, thereby altering the taxable description and application of the Schedule entry for railway rolling stock.
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