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TMI BlogMaterial Supply to Railway HSN 8533 or 8607X X X X Extracts X X X X X X X X Extracts X X X X ..... Material Supply to Railway HSN 8533 or 8607 X X X X Extracts X X X X X X X X Extracts X X X X ..... Locomotive products and control panel are supplied to Railway will be covered under HSN 8602 & 8607 and rate of Tax is 5 %. Please advise on the same if material supplied to Railway and what will be rate of tax. Pushkar Gupta Reply By RAMESH PRAJAPATI: The Reply: Goods are classified as per their Name & technical specification. Consumer of goods cannot influence the classification. Client has c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orrectly classified control panels under HSN 8537 and Electrical Resister under 8533. Reply By Pushkar Gupta: The Reply: Dear Sir It is specified under Rate Schedule of GST for Railway Locomotive & parts Under HSN from 8601 to 8608 are covered under Rate Schedule 5% if they are supplied to directly Railway. If Products are Locomotive parts and directly billed to Railway, what is rate of GST. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Please advise. Reply By Ganeshan Kalyani: The Reply: I agree with Sri Ramesh Ji. The items are classified in the rate schedule provided in Notification 1/2017-CT (Rate). The HSN which you have mention has items related to Railway. It does not mean all the items supplied to Railway will cover under 5% rate. The item has to be referred as such without linking its supply. Reply By Rajagopalan Rang ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anathan: The Reply: Sir, Heading 8533 & 8537 relate to electrical machinery and equipment and parts thereof. heading 8602 relates to other rail locomotive, locomotive tenders such as Diesel-electric locomotives, steam locomotives and tenders thereof. heading 8607 relates to parts of railway or tramway locomotives or rolling stock such as Bogies, bissel-bogies, axles and wheels and parts thereof. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Parts of railway locomotives are specifically covered by headings 8602 and 8607. Rate of gst is 5%. Reply By KASTURI SETHI: The Reply: There is no doubt about GST @5% as opined by Sh. Ranganathan, Sir. Reply By SHARAD DESHPANDE: The Reply: Dear Sir, If we supply the material to Railway Coach Factories with GST@ 5% then what about ITC ? Can we claim full ITC or will it be restricted to 5% on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly. X X X X Extracts X X X X X X X X Extracts X X X X
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