GST HSN Code Ruling for Electric Vehicles & Spare Parts

In re Versatile Auto Components Private Limited (GST AAR Telangana) In a recent ruling by the GST AAR Telangana, M/s. Versatile Auto Components Private Limited sought clarification on the appropriate HSN (Harmonized System of Nomenclature) code for their electric vehicles and electrical & mechanical spare parts. The ruling provides clear classification guidelines for these products under the GST (Goods and Services Tax) regime. Background: M/s. Versatile Auto Components Private Limited is a manufacturer and supplier of automobile accessories, including low-speed electric two-wheelers and ...