GST classification of potassic chemical fertilisers clarified as non-fertilizer use, attracting scheduled tax rate under recent notification. GST at the scheduled rate applies to mineral or chemical potassic fertilisers that are clearly not to be used as fertilizers; these products are classified under Schedule II for GST purposes and taxed under the rate prescribed by the operative notification cited as establishing the rate and effective date.
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GST classification of potassic chemical fertilisers clarified as non-fertilizer use, attracting scheduled tax rate under recent notification.
GST at the scheduled rate applies to mineral or chemical potassic fertilisers that are clearly not to be used as fertilizers; these products are classified under Schedule II for GST purposes and taxed under the rate prescribed by the operative notification cited as establishing the rate and effective date.
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