As per the statement of the facts, the applicant M/S EPCOS India Pvt. Ltd. is a 100% subsidiary of EPCOS AG Germany which in turn is a subsidiary Of TDK corporation Japan. It has three manufacturing plants and four sales offices in India. The applicant has strong presence in India and export its product all over the globe as well. Under the ‘Make In India’ campaign the company has decided to start production of Power Bank which is used for charging portable electronic devices such as mobile, i-pads, other. The principle function of a power bank is to ensure that the consumer is able to charge their devices on the go (i.e. portable charging). In the above backdrop, the applicant has sought advance ruling on the following question:-

‘Whether the product power bank which is used to charge portable devices can be classified under heading 8504 – having description “Electrical Transformers, Static converters (For Example, Rectifiers) And Inductors” attracting GST rate of 18% (CGST 9%, SGST 9% or IGST 18%) as mentioned under Serial No. 375 of Schedule-III, on Page No. 53, of Notification No 1/2017-Central tax (Rate) dated 28.06.2017 as amended vide notification no. 41/2017-Central Tax (Rate) dated 14th November, 2017.’

The comments of the concerned officer were sought under section 98 (1) of the Act ibid, but before the applicant could be provided a personal hearing, the applicant has withdrawn their application vide their application received today i.e. and requested to drop the verification and examination of the said application.

Advance ruling under section 98 of the CGST/HGST Act 2017

‘Dismissed as withdrawn.’

Ordered accordingly.