GST on watch movements and assembled watches revised under schedule, altering tax treatment for these goods. Watch movements, complete and assembled, are classified under Schedule II and are taxable supplies subject to GST at the revised rate; this treatment takes effect from the notified commencement date and is implemented by the integrated tax rate notification amending the schedule.
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GST on watch movements and assembled watches revised under schedule, altering tax treatment for these goods.
Watch movements, complete and assembled, are classified under Schedule II and are taxable supplies subject to GST at the revised rate; this treatment takes effect from the notified commencement date and is implemented by the integrated tax rate notification amending the schedule.
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