TaxTMI 
TaxTMI 
Please tell about Rate of Tax and HSN Code of Wastage known as Gad which is wastage of oil when caustic soda is mixed with oil manufactured from cotton seed
Rate of tax
20 Feb 2019 
1 Reply 
1518 Views Asked by
Rate of Tax for oil wastage (gad) classified as residues from fatty substances attracts standard GST.
The oil wastage called gad, produced when caustic soda is mixed with cottonseed oil, is classifiable as residues resulting from the treatment of fatty substances or vegetable waxes under HSN Code 1522 and attracts the standard goods and services tax rate applicable to such residues. (AI Summary)
The oil wastage called gad, produced when caustic soda is mixed with cottonseed oil, is classifiable as residues resulting from the treatment of fatty substances or vegetable waxes under HSN Code 1522 and attracts the standard goods and services tax rate applicable to such residues. (AI Summary)
