Rate of Tax — The applicant are into the business of manufacturing of Marine Propellers and accessories and the said products are intended to supply to the fishing sector. The products of the applicant are meant for fishing/floating vessels and the products manufactured by their unit are mainly used for the purpose of fishing and allied activities, the applicant is of the opinion that the rate of tax applicable to the products should be made 5%. The Applicant sought Advance ruling on the question whether the rate of tax applicable is 5% on commodities such as marine propellers, rudder set, stem tube set, propeller shaft and couplings used only for the purpose of the fishing or floating vessels. The applicant ruled out that the concessional rate of 5% GST is applicable to the products marine propeller, rudder set, stern tube set, propeller shaft and MS couplings. — S.R. Propellers Pvt. Ltd., In Re… [2019] 16 TAXLOK.COM 112 (AAR-Karnataka)