Interchangeable tools classified under GST schedule; subject to the prescribed tax rate for a limited period. Interchangeable components for hand tools, power-operated hand tools, or machine-tools, including dies for drawing or extruding metal and rock drilling or earth boring tools, are classified as goods within the Schedule and, for the stated period, attract the specified statutory rate of GST at 18%.
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Provisions expressly mentioned in the judgment/order text.
Interchangeable tools classified under GST schedule; subject to the prescribed tax rate for a limited period.
Interchangeable components for hand tools, power-operated hand tools, or machine-tools, including dies for drawing or extruding metal and rock drilling or earth boring tools, are classified as goods within the Schedule and, for the stated period, attract the specified statutory rate of GST at 18%.
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