Advance Ruling- Rate of tax- The applicant stated that they have been manufacturing Agro inputs like organic manures, Biofertilisers and Fertilisers since 2008; they are pioneers in inventing new products for sustainable agriculture; they have patents to their products namely BO’N (Patent No. 389427) and Bio-Phosphate (Patent No. 393243); they are launching their new product “Bio-Phosphate”. In view of the above, the applicant has sought advance ruling in respect of the following question:

a. What is the HSN code & GST rate applicable to our new product by name Bio-Phosphate?

Authority for Advance Ruling, Karnataka held that :- The product “Bio-Phosphate” merits classification under HSN code 3103 90 00 and thus are exigible to GST @ 5%, in terms of Sl.No. 182B of Schedule I to the Notification No. 1/2017-Central Tax (Rate) dated 28.06.2017, as amended.