QUESTION

Kindly give me GST HSN code & Tax rate for the following 1. Load Body Containners 2. Fixture Development Cost. If you need any further details Let me Known.

ANSWER

Facts of the case:  HSN code & Tax rate for the following 1. Load Body Containers  2. Fixture Development Cost.

Law applicable:
 SECTION 8 OF CGST ACT
a composite supply comprising two or more supplies, one of which is a principal supply, shall be treated as a supply of such principal supply

Conclusion:
 1. Regarding HSN code of Load Body Containers: Please let us know what is load body container item > its use > material used to manufacture it.

2. HSN code of Fixture Development Cost: There may be two possibilities:
(i) If you are supply fixture and development service and charging separately in invoice or if you are providing only fixture development service then it will be covered under "Engineering consultancy service"  classified under SAC 9983 and taxable @ 18%.

(ii) But if you are supplying fixture along with development service and charging  lump sum amount for development and for supply of  fixture  both  then as per section 8 of CGST Act  it is composite supply and will be covered under principle supply which is fixture in this case and hence classifiable under 8466.(Reply dt.24.08.2020)