The correct classification of the air-springs would be 4016 95 90 and rate will be 18%
Classification of goods- In the instant case, the question sought by the applicant is as follows-
(a) Whether the airsprings imported by the applicant are classifiable under HSN Heading 8607 (i.e. parts of coach work of railway running stock) and thus covered under Entry No. 241 of Schedule-I of the GST rate notifications?
(b) If the answer to (a) is in the affirmative, what is the applicable rate of tax under GST notifications?
(c) If the answer to (a) is in the negative -
(i) Whether the airsprings imported by the applicant's competitors is classifiable under HSN Heading 8607?
(ii) What is (1) the correct classification of the airsprings imported by the applicant; and (2) the applicable rate of tax under GST notifications?
(iii) Whether the applicant can also be eligible for classifying imported goods under HSN Heading 8607 like its competitors?
Held that-
the correct classification of the air-springs would be 4016 95 90 and rate as per the Notification No. 1/2017-Central Tax (Rate) will be 18%.
Other question raised is out of purview of the mandate of Advance Ruling u/s. 95(a).
The correct classification of the air-springs would be 4016 95 90 and rate will be 18%
Classification of goods- In the instant case, the question sought by the applicant is as follows-
(a) Whether the airsprings imported by the applicant are classifiable under HSN Heading 8607 (i.e. parts of coach work of railway running stock) and thus covered under Entry No. 241 of Schedule-I of the GST rate notifications?
(b) If the answer to (a) is in the affirmative, what is the applicable rate of tax under GST notifications?
(c) If the answer to (a) is in the negative -
(i) Whether the airsprings imported by the applicant's competitors is classifiable under HSN Heading 8607?
(ii) What is (1) the correct classification of the airsprings imported by the applicant; and (2) the applicable rate of tax under GST notifications?
(iii) Whether the applicant can also be eligible for classifying imported goods under HSN Heading 8607 like its competitors?
Held that-
the correct classification of the air-springs would be 4016 95 90 and rate as per the Notification No. 1/2017-Central Tax (Rate) will be 18%.
Other question raised is out of purview of the mandate of Advance Ruling u/s. 95(a).