A Raymond Fasteners India Pvt. Ltd ., In re
Date: November 26, 2020
Subject Matter
Threaded metal nuts merit classification under HSN 8708 99 00. AAR ruling set aside
Summary
Q) Whether Threaded metal nuts which function same as standard nut, merits classification under the Tariff item 7318 16 00 & not under Tariff item 8708 99 00? Metal Nuts with metrical threading, Metal Nuts without metrical threading, and Metal Sp…
1. At the outset, we would like to make it clear that the provisions of both the CGST Act and the MGST Act are the same except for certain provisions. Therefore, unless a mention is specifically made to such dissimilar provisions, a reference to the CGST Act would also mean a reference to the same provisions under the MGST Act. 2. The present appeal has been filed under Section 100 of the Central…