Saraswathi Metal Industries, In re
- Court:
- Authority for Advance Ruling
- Bench:
- Kerala
- Date:
- May 29, 2018
- Type:
- Advance Ruling
- Members:
- SENTHIL NATHAN AND N. THULASEEDHARAN PILLAI
Subject
Marine propellers, rudder set, stern tube set, propeller shaft and M.S. Shaft for couplings used only for the purposes of fishing/floating vessels would be taxable @ 5%
Summary
Sri. Dharsak.V.P., Saraswathi Metal Industries, Alappuzha, manufacturer of marine propeller, rudder set, stern tube set, propeller shaft and M.S. Shaft for couplings, has preferred an application for Advance Ruling on the rate of tax of the above com…
Judgement
1. Sri. Dharsak.V.P., Saraswathi Metal Industries, Alappuzha, manufacturer of marine propeller, rudder set, stern tube set, propeller shaft and M.S. Shaft for couplings, has preferred an application for Advance Ruling on the rate of tax of the above commodities used in fishing/floating vessels. 2. The applicant has argued that all the above products are used in fishing/floating vessels…