GST on mineral and synthetic waxes increased, affecting classification and levy under Schedule II following recent rate notification. Imposition of GST at 18% w.e.f. 22-09-2025 applies to petroleum jelly and specified mineral and synthetic waxes, including paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax and similar products, as effected by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025 under Schedule II.
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GST on mineral and synthetic waxes increased, affecting classification and levy under Schedule II following recent rate notification.
Imposition of GST at 18% w.e.f. 22-09-2025 applies to petroleum jelly and specified mineral and synthetic waxes, including paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax and similar products, as effected by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025 under Schedule II.
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