Omission of biodiesel entry removes scheduled GST classification for certain biodiesel mixtures, altering tax treatment. Entry 3826, which previously applied GST @ 18% to biodiesel and mixtures containing less than seventy percent by weight of petroleum oils and oils from bituminous minerals, has been omitted by a subsequent notification, withdrawing that scheduled classification and its associated tax treatment for the specified biodiesel products.
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Omission of biodiesel entry removes scheduled GST classification for certain biodiesel mixtures, altering tax treatment.
Entry 3826, which previously applied GST @ 18% to biodiesel and mixtures containing less than seventy percent by weight of petroleum oils and oils from bituminous minerals, has been omitted by a subsequent notification, withdrawing that scheduled classification and its associated tax treatment for the specified biodiesel products.
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