9911796707
TMI Blog2024 (1) TMI 564X X X X Extracts X X X X X X X X Extracts X X X X ..... outset, it is made clear that the provisions of both the CGST Act and the TGST Act are the same except for certain provisions. Therefore, unless a mention is specifically made to any dissimilar provisions, a reference to the CGST Act would also mean a reference to the same provision under the TGST Act. Further, for the purposes of this Advance Ruling, the expression 'GST Act' would be a common reference to both CGST Act and TGST Act. 3. It is observed that the queries raised by the applicant fall within the ambit of Section 97 of the GST ACT. The Applicant enclosed copies of challans as proof of payment of Rs. 5,000/- under SGST and Rs. 5,000/- under CGST towards the fee for Advance Ruling. The Applicant has declared that the questions rai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ining the clarifications from the competent authority in writing on applicability of GST Tax rate on Industrial Equipment HSN Code: 84151090 Rent/Leasing with operator and also furtherance of continuation of rent/lease order for the entire rate contract period. 4.4 Company Background: The major activity of the applicant M/s. Ventair Engineers is Manufacture of machinery and equipment and is primarily engaged in the Manufacture of refrigerating or freezing equipment for industrial use. It has its unit situated at Khammam, Telangana. 5. QUESTIONS RAISED: 1. Applicable GST Tax Rate on Rental / Leasing Charges for Industrial Equipment's provided with operator falling under HSN Codes: 84151090, 84798920, 84145930 6. PERSONAL HEARING: Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erefore in the present case the service wherein the applicant is supplying goods along with an operator does not fall under this classification. Therefore this services will fall under sub entry (viii a) where Leasing or renting of goods in enumerated without reference to operator. Under this entry the rate of tax is same as rate of central tax and state tax as applicable on supply of goods involved. 7.3 The rate of tax of supply of goods involved in supply of service discussed above are elaborated as under: (i) HSN Code 84151090 the question raised by the applicant is basing on the issue is verified with the Heading 8415 reads as below as schedule IV of notification 1/2017, dated. 28.06.2017 which was amended from time to time which are ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
