Gst rate on drip irrigation
This query is : Resolved
09 June 2017
We have been importing drip irrigation systems under Chpater 8424 8100 ( now 8100 changed to 8200). The rate schedule given on 18th May and 3rd June doesn;t cover rate for Chapter 8424.
In Chapter 8424 there are several items , while rate of fire extinguisher in CETA was 12.5%, and for other items it was zero.
in 18th May, the rate is given only in respect of Fire extinguisher which is 28%.
This being close to farmer and is part of the flagship programme of the PM Krishi Sichai Yojana ( PMKSY), and doubling farmer income in 2 hours, we see the rate may either be 5% or 0%.
In Chapter 8424 there are several items , while rate of fire extinguisher in CETA was 12.5%, and for other items it was zero.
in 18th May, the rate is given only in respect of Fire extinguisher which is 28%.
This being close to farmer and is part of the flagship programme of the PM Krishi Sichai Yojana ( PMKSY), and doubling farmer income in 2 hours, we see the rate may either be 5% or 0%.
09 June 2017
It will fall under agricultural implements with 0% under Chapter 82.
09 June 2017
Thanks for Prompt response.
However is the change in the chapter heading allowed from 84 to 82 or we should seek clarification from GST Council or Ministry
However is the change in the chapter heading allowed from 84 to 82 or we should seek clarification from GST Council or Ministry
09 June 2017
82 is the right head for agricultural equipment. Change will be allowed..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
