9911796707
TMI Blog2025 (2) TMI 721X X X X Extracts X X X X X X X X Extracts X X X X ..... 14023, Rajasthan (hereinafter "the applicant") is fit to pronounce advance ruling as they have deposited prescribed Fee under CGST Act and it falls under the ambit of the Section 97 (2) (a) given as under: (c) Determination of time and value of supply of goods or services or both (e) Determination of the liability to pay tax on any goods or services or both. A. SUBMISSION OF THE APPLICANT (in brief):- Brief facts of the case: * The Applicant is engaged in the business of manufacture and development of sustainable Energy Storage Application System that provides multiple experiences such as multitasking tool, energy storage indicator and energy storage facility and such products is not available in present market. * Their product is currently not available in the HSN codes list, they requested to provide 5% rate considering the following explanation and evidences. * A rate of 5% will enable them to provide a competitive pricing for the purpose of export thereby increasing foreign exchange reserves without comprising on country's vital natural resources. Further, their business has the potential of massive employment generation. B. INTERPRETATION AND UNDERSTANDING OF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eld will recognize from the subsequent description that different variations of the depicted structures and methods may be utilized without straying from the fundamental principles of the disclosure. DETAILED DESCRIPTION OF THE INVENTION A comprehensive description of various exemplary embodiments of the invention in relation to the accompanying drawings. It is important to note that while the embodiments are described in detail for clarity, this level of detail is not meant to limit the variations that can be considered. The aim is to encompass all modifications, equivalents, and alternatives within the scope defined by the claims. Additionally, various configurations can be designed to embody the principles of the invention, even if they are not explicitly detailed or illustrated here. Statements regarding the principles, aspects, and embodiments of the invention are intended to include their equivalents. The terminology used in this document is intended to describe specific embodiments and should not be viewed as limiting. Terms like "a," "an," and "the" are meant to include plural forms unless the context indicates otherwise. Terms such as "comprises," "comprising," " ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... attery management, ultimately enhancing the experience with portable electronic devices globally. Claims: 1. A hand-held multitool for replacing high-capacity batteries includes: * T9 (10), T10 (20), T12 (30), T13 (40), and T14 (50) spanners; * A battery indicator (60); * A screwdriver (120); * An adjustable spanner (80) and a screw gear (70). 2. The hand-held multitool as claimed in claim 1, where the spanners can be rotated clockwise. 3. The hand-held multitool as claimed in claim 1, where the screwdriver (120) is detachable. 4. The hand-held multitool as claimed in claim 1, where the adjustable spanner (80) can be adjusted using the screw gear (70) from 6 to 17mm. 5. The hand-held multitool as claimed in claim 1, where the adjustable spanner (90) is detachable. Additionally, the applicant stated that their product is not listed under the HSN codes and requested a 5% rate based on the provided explanation and evidence. C. QUESTIONS ON WHICH THE ADVANCE RULING IS SOUGHT: Question 1-Whether GST under the hand held multi tool covers under chapter 8204 with applicable GST rate of 18% and this product includes energy storage indicator which covers under chapter o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for adjusting spanner. Classification details: Chapter 8204 of the Harmonized System of Nomenclature (HSN) applies to hand operated spanners and wrenches under the Goods and Services Tax (GST) regime in India. Products covered under Chapter 8204: * Hand-operated spanners and wrenches (including torque meter wrenches) * This typically excludes: -Socket wrenches (these might fall under a different HSN code) -Tap wrenches (which might be categorized as machine tools) GST Rate under Chapter 8204: * In India, most hand tools falls under Chapter 82, including spanners and likely multi-tools (assuming their primary function is hand tools), attract a GST rate of 18%. Key Points: * The classification of a multi-tool depends on its primary function. If the primary purpose is hand tools, it would likely fall under Chapter 8204 with an 18% GST rate. Further, Chapter 85 of the Harmonized System of Nomenclature (HSN) covers a broad category of products under the Goods and Services Tax (GST) regime in India. This chapter specifically deals with: Electrical machinery and equipment: This includes a wide range of products like motors, generators, transformers, switchgear, and electri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch attracts 18% of GST. The second product may not be classified on the merely difference of a battery indicator. F. FINDINGS, ANALYSIS & CONCLUSION: 1) We have carefully examined the statement of facts, supporting documents filed by the applicant along with the application, oral and written submissions made at the time of hearing and the comments of the Central Tax Authority. We have also considered the issues involved, on which advance ruling is sought by the applicant, and relevant facts. 2) The applicant, M/s Forefront Bharat Private Limited, Shop No 1, Bankora, Dungarpur-314023, Rajasthan, is registered with the GST department having GSTIN 08AAFCF7321P1Z7.The Applicant is engaged in manufacturing and development of sustainable Energy Storage Application System that provides multiple experiences such as Multitasking tools, energy storage indicator and energy storage facility. 3) In the present application, the first and second questions raised before us require classification and applicable GST rates in respect of their manufactured three products. i. A hand-held multitool to replace battery in two-wheeler vehicles. It is a multi-tool consisting of essential tool hex key, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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