EDF Thrusters with Battery Pack for Jet Suit Liable to GST at 18%: AAR [Read Order]
The bench observed that the contention of the applicant that the jetsuit is aircraft and the EDF thrusters with battery pack are part of aircraft, which is subject to GST at a rate of 2.5%, is not acceptable
The Karnataka Authority for Advance Rulings ( AAR ) held that the rate of 18% of Goods and Services Tax ( GST ) is applicable on supply of ‘EDF Thrusters with Battery Pack for Jet Suit’. M/s. Turbotech Precision Engineering Private Limited, the applicant, a leading turbo machinery and mechanical engineering company, has developed a…
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