GST classification of watch movements under Schedule 4 affects applicable tax treatment and rate specification. Tariff item 9108 classifies watch movements and assembled movements within Schedule 4 for GST, attracting a specified GST rate of 28% until 21-09-2025; the entry had been omitted by Notification No. 43/2017 w.e.f. 15-11-2017, when it previously read 'Watch movements, complete and assembled.'
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GST classification of watch movements under Schedule 4 affects applicable tax treatment and rate specification.
Tariff item 9108 classifies watch movements and assembled movements within Schedule 4 for GST, attracting a specified GST rate of 28% until 21-09-2025; the entry had been omitted by Notification No. 43/2017 w.e.f. 15-11-2017, when it previously read "Watch movements, complete and assembled."
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