Reetu | Feb 26, 2022 |
GST Rate18% Applicable on Toys consists of Electronic Components irrespective of Usage
Tamilnadu Appellate Authority for Advance Ruling (AAAR Tamilnadu) in the matter of M/s. Navbharat Imports has ruled out that GST is applicable on Toys consists of Electronic Components irrespective of Usage.
The Question was that When physical force is the primary action of a Toy and if the light and the music are ancillary to it then whether it is to be classified under “Electronic Toys” or “other than Electronic Toys”?
The Appellate Authority Ruled Out that As far as these toys consists of electronic components irrespective of the usage, they would attract 18% GST as per SI.No. 440 of Schedule-III of the Rate Notification.
The appellant, M/s. Navbharat Imports are regular importers and traders of toys from various countries, that they sell these goods in India, in retail as well as through E-Commerce platforms. They added that they also intend to inairnfacture these toys in India in future.
The Ruling was made by Thiru M.V.S.CHOUDARY(Member) and Thiru K.PHANINDRA REDDY(Member).
To Read Ruling Download PDF Given Below :
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