GST classification update: Peptones and related protein substances now taxable under Schedule II, effective from notification. Application of GST at 18% under Schedule II to peptones, their derivatives and other protein substances, including hide powder and isolated soya protein, is prescribed; the chargeability and operative date are governed by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025 bringing the Schedule II entry into force from 22-09-2025.
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GST classification update: Peptones and related protein substances now taxable under Schedule II, effective from notification.
Application of GST at 18% under Schedule II to peptones, their derivatives and other protein substances, including hide powder and isolated soya protein, is prescribed; the chargeability and operative date are governed by Notification No. 09/2025 - IGST(Rate) dated 17.09.2025 bringing the Schedule II entry into force from 22-09-2025.
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