GST rate for machinery used in felt and nonwoven manufacture updated, affecting classification and taxability. Imposition of GST @ 18% on machinery for the manufacture or finishing of felt or nonwovens, including machinery for making felt hats and blocks for making hats, is provided by a Schedule II entry and given effect through the referenced notification governing classification and taxability under the GST regime.
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Provisions expressly mentioned in the judgment/order text.
GST rate for machinery used in felt and nonwoven manufacture updated, affecting classification and taxability.
Imposition of GST @ 18% on machinery for the manufacture or finishing of felt or nonwovens, including machinery for making felt hats and blocks for making hats, is provided by a Schedule II entry and given effect through the referenced notification governing classification and taxability under the GST regime.
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