Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

GST on Wind mills and its parts -reg

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, 1. Can u please clarify the GST rate applicable on parts and procured for Wind Mills ( Wind Electric generator ) Renewable energy device. 2. We are manufacturer of wind mills and the GST is applicable on Wind Mill is 5%. When we undertake supply and erection including civil works , DP yard etc., What will be rate of GST on the whole? 3. What is the GST rate if we undertake civil work .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... including land? Regards N.Balachandran - Reply By vk agarwal - The Reply = My comments are as follows: 1. Parts , which are designed for use solely with wind mills and are not covered under any other heading of chapter 84 or 85 will attract 5% rate under heading 8503 . parts which are specifically classifiable under a particular heading of chapter 84 or 85 will remain classified in their r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... espective heading and attract GST rate as applicable under the respective heading. For example, Gear box is specifically classifiable u/h 8483 which attracts 18% rate. This is because the rules for interpretation of customs tariff have been made applicable for the interpretation of notification under which rates of GST have been notified. Please refer to note 2(a) to section XVI of customs tarif .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f as per which parts which are goods in themselves classifiable under a particular heading will be classified under that heading only 2. If you supply wind mill and erection with a separate price , then wind mill will attract 5% and erection will attract 18%. If you supply both under same invoice with a composite price, there is a possibility that the whole thing might be treated as a works con .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tract and attract rate of 18% for the entire value including supply 3. The whole thing will attract 18% - GST on Wind mills and its parts -reg - Query Started By: - N Balachandran Dated:- 21-7-2017 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... managementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates