Rental / Leasing Charges for Industrial Equipments provided with operator falling under HSN Codes: 84151090 shall attracts 28% GST: AAR [Read Order]
According to a ruling by the Telangana Authority for Advance Ruling, industrial equipment rental or leasing fees paid to operators who come under HSN Codes 84151090 are subject to a 28% Goods and Service Tax
By Aparna. M - On April 20, 2024 5:40 pm - 2 mins read
The Telangana Authority for Advance Ruling ( TAAR ) has held that rental/leasing charges for industrial equipment provided with operators falling under HSN Codes: 84151090 shall attract 28% Goods and Service Tax. The applicant Ventair Engineers, Manufacture of machinery and equipment and is primarily engaged in the Manufacture of refrigerating or freezing equipment for industrial…
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