Bright Metal Works ., In re
Date: April 2, 2023
Subject Matter
Replacement parts supplied during the warranty period are not liable for GST. ITC is eligible on them.
Summary
The issue at hand is the classification and rate of GST for various marine parts used in fishing or floating vessels. The applicant argues that these goods should be classified and taxed at 5% as parts of fishing or floating vessels, while the author…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, KERALA 1. Mr S. Radhakrishnan, Proprietor of M/s. Bright Metal Works (hereinafter referred to as the applicant), is engaged in the manufacturing of marine propellers, stem tube set, rudder sets, ss propeller shafts, MS shafts for coupling, intermediate shafts and cutlass rubber bushes used in fishing / floating vessels. 2. At the outset, it i…