GST Rates for Marine Engines: 5% for Fishing Vessels; Classification Determines Rate for Others. No GST on Warranty Replacements.

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Full Text of the Document

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....Classification of goods - Marine Engines - The marine engines and spare parts used for fishing vessels (being part of the fishing vessel) attract 5% GST. If marine engine is supplied for use other than as parts of fishing vessels as stated above, the rate of GST is applicable under the respective Customs Tariff Headings in which they are classified. - the replacement of the goods and service during the warranty period without consideration does not come under the purview of supply and no GST is leviable in such case. - AAR....