GST classification change for asphalt articles leads to removal from schedule, altering tax treatment after notification Articles of asphalt or similar material, previously classified and subject to high-rate GST treatment with examples including petroleum bitumen and coal tar pitch, have been omitted by notification, thereby changing their scheduled tax classification and applicable levy framework under the GST schedules.
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GST classification change for asphalt articles leads to removal from schedule, altering tax treatment after notification
Articles of asphalt or similar material, previously classified and subject to high-rate GST treatment with examples including petroleum bitumen and coal tar pitch, have been omitted by notification, thereby changing their scheduled tax classification and applicable levy framework under the GST schedules.
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