https://www.taxtmi.com/article/detailed?id=10905 Whether cotton seed 'Banaula' qualifies as agricultural produce for exemption from GTA services under Notification No. 12/2017 is governed by the notification's limited definition: exempted produce must arise at first-stage cultivation or only undergo processing by the cultivator that does not alter essential characteristics. Cotton seed derived after ginning in mills following sale by cultivators does not satisfy these conditions, and transport of such seed therefore falls outside the exemption and is taxable, subject to applicable input tax credit considerations. en-us Mon, 26 Dec 2022 09:13:57 +0530 Mon, 26 Dec 2022 09:13:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10905 Whether cotton seed 'Banaula' qualifies as agricultural produce for exemption from GTA services under Notification No. 12/2017 is governed by the notification's limited definition: exempted produce must arise at first-stage cultivation or only undergo processing by the cultivator that does not alter essential characteristics. Cotton seed derived after ginning in mills following sale by cultivators does not satisfy these conditions, and transport of such seed therefore falls outside the exemption and is taxable, subject to applicable input tax credit considerations. Articles Goods and Services Tax - GST Mon, 26 Dec 2022 09:13:57 +0530 https://www.taxtmi.com/article/detailed?id=10905