Parboiling and Drying plant is classified under HSN 8419 and taxable @18%
Classification of goods- The applicant has sought advance ruling in respect of the following question:
1. Whether parboiling and drier plant is part of rice milling machinery as specified in the Notification dated 28-06-2017 under HSN 8437 issued under the CGST Act, 2017 taxable at 5% (2.5% CGST + 2.5% SGST)?
2. If the above mentioned plant/ machinery is not classified under HSN 8437, whether the same is to be taxed under HSN 8419 at the rate of 18% in the Notification dated 28-06-2017 (9% CGST + 9% SGST)?
The issue before us to decide, so as to give the ruling to the question sought by the applicant, is whether the product of the applicant falls under HSN 8437 or 8419.
Held that- we observe that the goods Parboiling and Drying plant is classified under HSN 8419 attracting 9% CGST and 9% SGST.