State tax rate change: fertilisers reclassified into lower-rate schedule and certain entries removed from higher-rate schedule The Telangana GST notification amends state tax schedules by inserting four fertiliser-related entries into the lower-rate Schedule I-covering nitrogenous, phosphatic, potassic and multi-nutrient or other fertilisers including certain packaged or tablet forms with specified exceptions-and by omitting four serial entries from the higher-rate Schedule II, thereby reclassifying the tax treatment of those goods effective from the notified commencement date.
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State tax rate change: fertilisers reclassified into lower-rate schedule and certain entries removed from higher-rate schedule
The Telangana GST notification amends state tax schedules by inserting four fertiliser-related entries into the lower-rate Schedule I-covering nitrogenous, phosphatic, potassic and multi-nutrient or other fertilisers including certain packaged or tablet forms with specified exceptions-and by omitting four serial entries from the higher-rate Schedule II, thereby reclassifying the tax treatment of those goods effective from the notified commencement date.
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