Updated: Dec 9, 2019
AAR gave an important ruling dated 24th July, 2019 regarding classification and tax rate of goods manufactured by the applicant in a case of Ravi Masand  110 taxmann.com 451 (AAR - MADHYA PRADESH) which is discussed below:
Facts of the case
The applicant is engaged in intend import, trade and/or manufacture/assemble 'agriculture knapsack sprayer' both mechanical and hand-operated, which is used generally in agriculture. Issue Involved Whether agriculture knapsack sprayer in question is classifiable under Heading No. 8424 and with effect from 25-1-2018 attracting GST at rate of 12%?Observation/Ruling Sl. No. 195B of Schedule II (Tax @ 12% )to the Notification No. 1/2017 - Central Tax (Rate) dated 28-6-2017, post amendment reads as:Sprinklers; drip irrigation system including laterals; mechanical sprayersIt was held that the product agriculture mechanical sprayer will merit classification under Heading No. 8424 and with effect from 25-1-2018 the said product would attract GST at the rate of 12 percent.
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e-DiNero. GST Team