Fabrication of tank from steel plates supplied free of cost froth M/s IOCL is manufacture as per CGST Act, 2017. Accordingly, supply of tanks by the applicant is supply of goods.
Classification of goods— In the instant case, the applicant has sought advance ruling on the following questions-
I. What should be the Correct Classification with respect to the nature of ‘Supply’ i.e. whether the questioned supply tantamount to ‘Supply of Goods’ or ‘Supply of Service’ on the basis of the facts of the whole activity as mentioned above and supported by the documents enclosed/discussed here under?
II. Whether Circular No. 126/45/2019-GST dated 22/11/2019 shall at all apply in the instant case if answer to Query (a) is ‘Supply of Service’ as job work service?
III. What should be the Correct HSN/SAC code applicable to the said supply?
IV. What is applicable Rate of Tax of GST based on answers of queries mentioned in above Queries?
The applicant is engaged in fabrication of tanks from steel sheets supplied free of cost by M/s IOCL and during the process, the applicant also use self procured items (Angle stuffners, Hexagonal bushings, nozzle, lifting eyes, brackets, hexagonal heads, turn buckles, MS Plate, angle rings, earthing boss connection, pad plate, aluminum dip rod, nut bolts) and consumables such as welding electrodes & gas etc. The applicant also carry steel plates from M/s IOCL to their works and fabricated tanks are delivered by the party at the depot of M/s IOCL and both the activities involves transportation of goods by them. The applicant has sought ruling on classification with respect to nature of supply (supply of goods or supply of service), applicability of Circular no 126/45/2019-GST dated 22/11/2019, correct HSN/SAC code and rate of GST.
Held that— The Correct Classification with respect to the nature of ‘Supply’ i.e. whether the questioned supply tantamount to ‘Supply of Goods’.
The applicant is presently classifying the same supply of goods and charging GST @ 18% under HSN code 7309 and there is no change in composition of final product and process of fabrication of steel tanks.
Fabrication of tank from steel plates supplied free of cost froth M/s IOCL is manufacture as per CGST Act, 2017. Accordingly, supply of tanks by the applicant is supply of goods.
Classification of goods— In the instant case, the applicant has sought advance ruling on the following questions-
I. What should be the Correct Classification with respect to the nature of ‘Supply’ i.e. whether the questioned supply tantamount to ‘Supply of Goods’ or ‘Supply of Service’ on the basis of the facts of the whole activity as mentioned above and supported by the documents enclosed/discussed here under?
II. Whether Circular No. 126/45/2019-GST dated 22/11/2019 shall at all apply in the instant case if answer to Query (a) is ‘Supply of Service’ as job work service?
III. What should be the Correct HSN/SAC code applicable to the said supply?
IV. What is applicable Rate of Tax of GST based on answers of queries mentioned in above Queries?
The applicant is engaged in fabrication of tanks from steel sheets supplied free of cost by M/s IOCL and during the process, the applicant also use self procured items (Angle stuffners, Hexagonal bushings, nozzle, lifting eyes, brackets, hexagonal heads, turn buckles, MS Plate, angle rings, earthing boss connection, pad plate, aluminum dip rod, nut bolts) and consumables such as welding electrodes & gas etc. The applicant also carry steel plates from M/s IOCL to their works and fabricated tanks are delivered by the party at the depot of M/s IOCL and both the activities involves transportation of goods by them. The applicant has sought ruling on classification with respect to nature of supply (supply of goods or supply of service), applicability of Circular no 126/45/2019-GST dated 22/11/2019, correct HSN/SAC code and rate of GST.
Held that— The Correct Classification with respect to the nature of ‘Supply’ i.e. whether the questioned supply tantamount to ‘Supply of Goods’.
The applicant is presently classifying the same supply of goods and charging GST @ 18% under HSN code 7309 and there is no change in composition of final product and process of fabrication of steel tanks.