AAR: Classifies Seats for Railway Coaches under Heading 9401, liable to 18% GST

Punjab AAR classifies the product “Seats for Railway Coaches” for Rail Coach Factory under Heading 9401, liable to GST at 18%; Denies plea of Rail Coach Factory that seat being a part of a railway compartment, is classifiable under HSN Code 8607, liable to tax at 5% while elucidating that, “classification is not dependent on trade parlance when the parameters are precisely laid down in the Tariff itself, in the description of the Section Notes, Chapter Notes read with t...