Case LawGUJ/GAAR/R/2022/45
Shakti Marine Electric Corporation ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Gujarat
- Date:
- September 28, 2022
- Type:
- Advance Ruling
- Members:
- Milind Kavatkar, Amit Mishra
Subject
Combined Wire Rope is not a part of fishing vessel. Hence, not eligible to GST @ 5%
Exemption
Summary
The main issue here is to decide whether the Combined Wire Ropes is a part of fishing vessel or otherwise. Combined Wire Rope is not used as a part of fishing vessel and the impugned goods does not cover under entry No.252 of Schedule-I of Notificati…
Judgement
Brief Facts M/s. Shakti Marine Electric Corporation is an authorized wholesale dealer for supply of Combined Wire Rope manufactured by M/s Kadambari Steel Wire Rope Pvt. Ltd and M/s Usha Martin India Limited 2. The applicant has submitted that Combined Wire Rope [Chapter Heading 73121 has got wide usage in General Engineering. Fishing Vessels and also in General Vessels. Presently the applicant is…