GST on peat attracts a specified higher rate after notification, changing tax classification and compliance obligations. Peat (including peat litter), whether or not agglomerated, is classified under Schedule II and attracts GST @ 18% effective 22-09-2025 by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025, altering its tax incidence and associated compliance obligations.
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GST on peat attracts a specified higher rate after notification, changing tax classification and compliance obligations.
Peat (including peat litter), whether or not agglomerated, is classified under Schedule II and attracts GST @ 18% effective 22-09-2025 by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025, altering its tax incidence and associated compliance obligations.
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