The supply of batteries exclusively and directly to the Indian Navy for use in the manufacture of submarines will be chargeable to reduced tax @ 5% under Sr. No. 252 of Notification No. 1/2017- I.T. (Rate)
Authority for Advance Ruling – Supply of batteries for the use in warships – The applicant manufactures and supplies lead acid storage batteries falling under Chapter 85 of the First Schedule to the Customs Tariff Act 1975. The applicant sought an Advance Ruling as to whether the supply of batteries by the required Applicant for the use in warships such as submarines of the Indian Navy falls under Entry 252 of Schedule I to Notification No. 01/2017-integrated Tax (Rate) dated 28.06.2017 and hence is taxable @ 5% GST.
Held that:- The Hon’ble Authority for Advance Ruling held that the supply of batteries by the Applicant exclusively and directly to the Indian Navy for use in the manufacture of submarines will be classified under Sr. No. 252 of Notification No. 1/2017- C.T. (Rate), dated 28-6-2017.
The supply of batteries exclusively and directly to the Indian Navy for use in the manufacture of submarines will be chargeable to reduced tax @ 5% under Sr. No. 252 of Notification No. 1/2017- I.T. (Rate)
Authority for Advance Ruling – Supply of batteries for the use in warships – The applicant manufactures and supplies lead acid storage batteries falling under Chapter 85 of the First Schedule to the Customs Tariff Act 1975. The applicant sought an Advance Ruling as to whether the supply of batteries by the required Applicant for the use in warships such as submarines of the Indian Navy falls under Entry 252 of Schedule I to Notification No. 01/2017-integrated Tax (Rate) dated 28.06.2017 and hence is taxable @ 5% GST.
Held that:- The Hon’ble Authority for Advance Ruling held that the supply of batteries by the Applicant exclusively and directly to the Indian Navy for use in the manufacture of submarines will be classified under Sr. No. 252 of Notification No. 1/2017- C.T. (Rate), dated 28-6-2017.