Fluid Power Pvt Ltd ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Maharashtra
- Date:
- August 23, 2019
- Type:
- Advance Ruling
- Members:
- Timothy, Borhade
Subject
Marine Duty hydraulic equipment designed and custom built for being fitted on a Barge attracts 5% GST
Summary
Question 1:- Applicability of GST @ 5% (CGST of 2.5% and SGST of 2.5%) or IGST @ 5% for the above mentioned Marine Duty hydraulic equipment, which is being designed and custom built by us for being fitted on a Barge falling under Serial No 246 of Sch…
Judgement
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act”] by M/s. FLUID POWER PVT LTD , the applicant, seeking an advance ruling in respect of the following questions. 1] Applicability of GST @ 5% (CGST of 2.5% and SGST of 2.5%) or…