GST classification of vessels for breaking up attracts the standard integrated tax rate following a rate notification. Goods under tariff heading 8908 00 00, described as vessels and other floating structures for breaking up, are taxable under GST at 18% with effect from 22-09-2025 pursuant to Notification No. 9/2025-Integrated Tax (Rate) dated 17-09-2025, thereby placing such goods within the relevant schedule for integrated tax applicability.
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GST classification of vessels for breaking up attracts the standard integrated tax rate following a rate notification.
Goods under tariff heading 8908 00 00, described as vessels and other floating structures for breaking up, are taxable under GST at 18% with effect from 22-09-2025 pursuant to Notification No. 9/2025-Integrated Tax (Rate) dated 17-09-2025, thereby placing such goods within the relevant schedule for integrated tax applicability.
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