GST classification change removes plywood and similar laminated wood from specified Schedule, altering levy applicability and treatment. Entry for goods classifiable under code 4412 placed in Schedule 4 carries GST @ 28% until 21-09-2025; the prior description 'Plywood, veneered panels and similar laminated wood' was omitted by Notification No. 43/2017 w.e.f. 15-11-2017, resulting in reclassification within the Schedule and changed applicability of the levy.
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GST classification change removes plywood and similar laminated wood from specified Schedule, altering levy applicability and treatment.
Entry for goods classifiable under code 4412 placed in Schedule 4 carries GST @ 28% until 21-09-2025; the prior description "Plywood, veneered panels and similar laminated wood" was omitted by Notification No. 43/2017 w.e.f. 15-11-2017, resulting in reclassification within the Schedule and changed applicability of the levy.
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