GST rate change: specified natural gums and compounded asafoetida taxable at concessional rate under updated schedule following notification. A concessional GST rate is applied to specified natural gums, resins, gum resins and oleoresins, and to compounded asafoetida (heeng), while explicitly excluding lac and shellac; the amendment is effected by a rate notification that integrates the change into the schedule.
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GST rate change: specified natural gums and compounded asafoetida taxable at concessional rate under updated schedule following notification.
A concessional GST rate is applied to specified natural gums, resins, gum resins and oleoresins, and to compounded asafoetida (heeng), while explicitly excluding lac and shellac; the amendment is effected by a rate notification that integrates the change into the schedule.
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