Taxation of fertilizers adds specific fertilizer classifications to lower rate schedule and removes certain entries from higher rate schedule. The notification inserts four new Schedule I entries classifying mineral or chemical fertilizers (nitrogenous, phosphatic, potassic, and mixed/other, including tablet or small-package forms up to 10 kg) into the lower rate band and omits four corresponding entries from Schedule II, thereby changing the GST schedule placement and rate treatment of those fertilizer goods effective from the stated commencement date.
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Provisions expressly mentioned in the judgment/order text.
Taxation of fertilizers adds specific fertilizer classifications to lower rate schedule and removes certain entries from higher rate schedule.
The notification inserts four new Schedule I entries classifying mineral or chemical fertilizers (nitrogenous, phosphatic, potassic, and mixed/other, including tablet or small-package forms up to 10 kg) into the lower rate band and omits four corresponding entries from Schedule II, thereby changing the GST schedule placement and rate treatment of those fertilizer goods effective from the stated commencement date.
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