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of <h1>Lubricating Preparations Removed from Tax Schedule; Effective November 15, 2017, per Notification No. 43/2017. IGST 28% Rate Applies.</h1> The a tax schedule for specific goods, indicating an Integrated Goods and Services Tax (IGST) rate of 28% or a combination of Central Goods and Services Tax (CGST) at 14% and State/Union Territory Goods and Services Tax (SGST/UTGST) at 14%. A note mentions the omission of a specific category of lubricating preparations from the schedule, effective from November 15, 2017, as per notification no. 43/2017. These preparations previously included various oil treatments and anti-corrosion products, except those with 70% or more petroleum oils or oils from bituminous minerals.
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