https://www.taxtmi.com/caselaws?id=755841 The AAR, UP ruled that non-edible neem oil is classifiable under HSN code 1515 90 20 under Chapter 15, not as fertilizer under Chapter 31. Despite the applicant's claim that reducing Azadirachtin content from 100-900 ppm to 150 ppm through chemical modification should reclassify it as fertilizer, the authority determined the product retains its essential character as neem oil per General Rule 3(b). Consequently, Notification No. 09/2022-Central Tax (Rate) applies, denying the applicant refund of unutilized input tax credit accumulated due to higher input tax rates compared to output supplies. en-us Thu, 06 Jun 2024 00:00:00 +0530 Wed, 07 May 2025 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755841 The AAR, UP ruled that non-edible neem oil is classifiable under HSN code 1515 90 20 under Chapter 15, not as fertilizer under Chapter 31. Despite the applicant's claim that reducing Azadirachtin content from 100-900 ppm to 150 ppm through chemical modification should reclassify it as fertilizer, the authority determined the product retains its essential character as neem oil per General Rule 3(b). Consequently, Notification No. 09/2022-Central Tax (Rate) applies, denying the applicant refund of unutilized input tax credit accumulated due to higher input tax rates compared to output supplies. Case-Laws GST Thu, 06 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755841