GST Rate of 5% applicable onEnergy G premium oil : AAR

GST Rate of 5% applicable onEnergy G premium oil : AAR | Ruling by Authority of Advance RulingAndhra Pradesh in matter of Agarwal Industries

CA Deepak Gupta

Nov 7, 2018

Last update on Nov 7, 2018

GST Rate of 5% applicable onEnergy G premium oil : AAR | Ruling by Authority of Advance RulingAndhra Pradesh in matter of Agarwal Industries Private Limited

GST Rate of 5% applicable onEnergy G premium oil : AAR

Below is the extract of the ruling 4. We have gone through the application filed by the applicant and the written submission explaining the manufacturing process and the raw material involved in preparation of the said "Energy-G premium oil". It is submitted before us that the product under question is manufactured out of Vegetable fats / oils and not from animal fats / oils. That being so the classification of product is HSN 1518 and shall be subject to 5% GST as per Schedule I of Notification 1 /2017-C.T (Rate) dated 28.06.2017 and corresponding SGST Notification. 5. Accordingly, we pass the following ruling:

RULING

Correct HSN Code of "Energy-G premium oil" is HSN 1518 vide S.No 90 of , Schedule I of Notification 1 /2017-C.T (Rate) dated 28.06.2017 and hence the rate of tax attracts 5%.

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CA Deepak Gupta

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