IGST exemption on goods under GST HSN chapter 88
GST Law exempts IGST for movement of goods under HSN chapter 88 or any other chapter related to satellites and pay loads, scientific and technical instruments, apparatus, accessories, parts, components, spares, tools, mock ups ad modules, raw materials etc. based on Customs Notification 12/2012.
As per GST Law of India 2017, IGST is exempted for the following goods, namely: -
(a) Satellites and payloads;
(b) Scientific and technical instruments, apparatus, equipments (including computers and computer software), accessories, parts, components, spares, tools, mock ups and modules, raw materials and consumables required for launch vehicles and for satellites and payloads
(c) Ground equipment brought for testing of (a)
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