Case Law Details
In re M/s Machine Tools Corporation (GST AAR Punjab)
What shall be the HSN/Tariff Classification & GST rate applicable on supply of bicycle frame lock to be fixed on Bicycle? Whether under Chapter Heading/ Sub-heading 8301 @ 18% or 8714@12%?
M/s Machine Tools Corporation, 224-B, Industrial Estate, Link Road, Ludhiana, Punjab hereinafter referred to as ‘applicant’ had submitted an application for advance ruling in form GST ARA-01 vide his letter dated 28.08.2018 received on 18.09.2018 seeking to know what shall be the HSN/Tarrif classification 86 GST rate applicable on supply of bicycle frame lock to be fixed on Bicycle? Whether under chapter Heading /Sub Heading 8301 @18% or Chapter Heading / Sub Heading 8714 @12%?. However, vide letter dated 31.10.2018 of Sh. Mannu Saggar, Partner of the firm, the applicant has stated that he does not wish to pursue his advance ruling application dated 17.09.2018 and has prayed that his said advance ruling application may be treated as withdrawn. Therefore the application of the applicant is disposed off as withdrawn under section 98(2) of the CGST Act, 2017 and Section 98(2) of the Punjab GST Act, 2017.
