GST

GST rates and classidication for supply of Turbo Charger for railways

Supply of Turbo Charger for railways is classified under heading 8414 andattracts 18% GST-CBIC Clarification

CBIC has issued Circular No. 80/54 /2018-GST clarifying Applicability of GST on supply of Turbo Charger for railways as under:

Representations have been received seeking clarification regarding classification and applicable GST rate on Turbo Chargers supplied to railways. It is stated that some of the supplier are classifying turbo charges supplied to Railways under Chapter 86 and paying GST at the rate of 5% 

The turbocharger is a turbine-driven forced induction device that increases
an internal combustion engine’s efficiency and power output by forcing extra compressed air into the combustion chamber. It has the compressor powered by a turbine. The turbine is driven by the exhaust gas from the engine.

Turbo charger is specifically classified under chapter HS code 8414 80 30. It
continues to remain classified under this code irrespective of its use by Railways. Therefore, it is clarified that the turbo charger is classified under heading 8414 and attracts 18% GST

 

Share

Recent Posts

  • Insurance

No separate compensation for loss of love and affection under MV Act – SC

Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…

18 hours ago
  • Income Tax

Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G

Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…

22 hours ago
  • Income Tax

Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court

Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…

3 days ago
  • Income Tax

Section 271AAB does not grant any immunity from penalty in terms of section 273B

Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…

3 days ago
  • Empanelment

Engagement of ‘Young Professional’ in the office of the PCCT Bihar & Jharkhand

Engagement of 'Young Professional' in the office of the PCCT Bihar & Jharkhand Engagement of 'Young Professional' in the office…

5 days ago
  • Empanelment

CGPDTM invites applications for hiring contractual manpower and Young Professionals

CGPDTM invites applications for hiring contractual manpower and Young Professionals The Controller General Patents, Designs & Trade Marks has invited…

5 days ago