Kerala State Co-operative Federation for Fisheries Development Limited ., In re
Date: June 25, 2022
Subject Matter
5% GST on marine engine (HSN: 8407) and its spare parts which are in-turn parts of fishing vessel (HSN: 8902)
Summary
1. Applicability of GST rate of 5% (CGST 2.5% + SGST 2.5%) on marine engines of heading 8407, being the part of fishing vessel of heading 8902, as per Entry Serial No.252 of Schedule I of Notification No.1/2017 CT(R) dated 28.06.2017 & Stat…
M/s. Kerala State Co-operative Federation for Fisheries Development Ltd. (Matsyafed) (hereinafter referred to as ‘the applicant’) is registered as a co-operative apex federation of primary level co-operative societies of fishermen of Kerala. It was set up by the Government of Kerala to meet the credit and marketing requirements of the traditional fisheries sector. It is an apex co-oper…