Kay Pee Equipments Pvt Ltd ., In re
Date: September 23, 2019
Subject Matter
Locomotive spares used as parts of railway locomotives are to be classified under heading 8607
Summary
The composite goods manufactured by the Applicant that are used primarily as parts of railway locomotives are to be classified under heading 8607 and taxable @ 5% GST with no refund of the unutilized input tax credit. The same classification will app…
1.1 The Applicant, stated to be a manufacturer of railway locomotive spare parts, seeks a ruling on the classification of the items it manufactured and the applicable rate of tax. An advance ruling is admissible on this question under Section 97(2)(a) & (b) of the GST Act. 1.2 The Applicant submits that the question raised in the Application has neither been decided by nor is pending before an…