Reduced tax rate on fertilizers alters GST classification and applies a lower tax burden to specified fertilizer goods. Notification inserts four tariff entries identifying specified mineral or chemical fertilisers (nitrogenous, phosphatic, potassic, and mixed or packaged forms) into the lower-rate GST schedule and omits the corresponding entries from the higher-rate schedule, thereby applying a reduced tax rate to those fertilizer goods under the state GST framework; the amendment takes effect from the stated commencement date.
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Provisions expressly mentioned in the judgment/order text.
Reduced tax rate on fertilizers alters GST classification and applies a lower tax burden to specified fertilizer goods.
Notification inserts four tariff entries identifying specified mineral or chemical fertilisers (nitrogenous, phosphatic, potassic, and mixed or packaged forms) into the lower-rate GST schedule and omits the corresponding entries from the higher-rate schedule, thereby applying a reduced tax rate to those fertilizer goods under the state GST framework; the amendment takes effect from the stated commencement date.
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