Goods and Services Tax – Started By: – Pushkar Gupta – Dated:- 21-8-2017 Last Replied Date:- 22-11-2017 – Dear Sir Our client are selling material which is parts of locomotive products and control panel which is listed in HSN code 8533 & 8537 under GST and rate of tax is 18% & 28%. As per our understanding If Locomotive products and control panel are supplied to Railway will be covered under HSN 8602 & 8607 and rate of Tax is 5 %. Please advise on the same if material supplied to Railway and what will be rate of tax. Pushkar Gupta – Reply By RAMESH PRAJAPATI – The Reply = Goods are classified as per their Name & technical specification. Consumer of goods cannot influence the classification. Client has correctly classified c
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supply. – Reply By Rajagopalan Ranganathan – The Reply = Sir, Heading 8533 & 8537 relate to electrical machinery and equipment and parts thereof. heading 8602 relates to other rail locomotive, locomotive tenders such as Diesel-electric locomotives, steam locomotives and tenders thereof. heading 8607 relates to parts of railway or tramway locomotives or rolling stock such as Bogies, bissel-bogies, axles and wheels and parts thereof. Parts of railway locomotives are specifically covered by headings 8602 and 8607. Rate of gst is 5%. – Reply By KASTURI SETHI – The Reply = There is no doubt about GST @5% as opined by Sh. Ranganathan, Sir. – Reply By SHARAD DESHPANDE – The Reply = Dear Sir,If we supply the material to Railway Coach Factories
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