GST rate on compression ignition piston engines revised, affecting their classification and tax treatment under a new notification. Compression ignition internal combustion piston engines (diesel or semi diesel) are listed in Schedule II and are subject to a revised GST rate under the IGST rate notification, which specifies the effective date for the operative tax treatment and classification of these engines.
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GST rate on compression ignition piston engines revised, affecting their classification and tax treatment under a new notification.
Compression ignition internal combustion piston engines (diesel or semi diesel) are listed in Schedule II and are subject to a revised GST rate under the IGST rate notification, which specifies the effective date for the operative tax treatment and classification of these engines.
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