GST rate on space-sector instruments applied to supplies for launch vehicles, satellites and payloads under a new tax notification. A concessional GST rate is applied to scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mockups and modules, and raw materials and consumables when required for launch vehicles, satellites and payloads, pursuant to the integrated tax rate notification that fixes the effective commencement and Schedule entry for these goods.
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 space-sector instruments applied to supplies for launch vehicles, satellites and payloads under a new tax notification.
A concessional GST rate is applied to scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mockups and modules, and raw materials and consumables when required for launch vehicles, satellites and payloads, pursuant to the integrated tax rate notification that fixes the effective commencement and Schedule entry for these goods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.