CBIC clarifies on classification of cranes for GST, customs duty

Central Board of Indirect taxes and Customs (CBIC) has offered clarity on the classification of mobile machines such as all-terrain cranes and truck-mounted cranes into motor vehicles and cranes. Experts say this would reduce litigation in courts, as motor vehicles and cranes attract different custo

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Attached File : 40_21731_circular_no_20_2022.pdf

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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