The products ‘Rhyzomyx’ and ‘Rhyzomyco’ are classifiable under Tariff item No.30029030 and taxable @12% under Sr.no.61 of Schedule-II of Notification No.01/2017-Central Tax (Rate)
Classification of goods— In the instant case, the appellant had filed an application before the Authority seeking ruling on the classification of bio fertilizers namely RhizoMyx and RhizoMyco. They had asked the following question seeking Advance Ruling:
Whether the bio agricultural products i.e. RhizoMyx and Rhizomyco are classifiable under Chapter 3101 or Chapter 3002?
The advance ruling authority ruled that the said products are biofertilisers classifiable under Heading ‘3002’ of the Customs Tariff Act, 1975(51 of 1975) and liable to GST at 12%.
The appellant has challenged the aforementioned order of the Advance Ruling authority. Therefore, the issue involved in this case is the proper classification of the products Rhizomyx and Rhizomyco and the applicable rate of Goods and Services Tax on the said products.
Held that—This authority confirm the Advance Ruling to the extent it has been appealed before us and hold that –
Held that— The products ‘Rhyzomyx’ and ‘Rhyzomyco’ manufactured and supplied by M/s. Novozymes South Asia pvt.ltd., are classifiable under Tariff item No.30029030 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), is covered under Sr.no.61 of Schedule-II of Notification No.01/2017-Central Tax (Rate) dated 28.06.2017 and is liable to GST at 12%.
The products ‘Rhyzomyx’ and ‘Rhyzomyco’ are classifiable under Tariff item No.30029030 and taxable @12% under Sr.no.61 of Schedule-II of Notification No.01/2017-Central Tax (Rate)
Classification of goods— In the instant case, the appellant had filed an application before the Authority seeking ruling on the classification of bio fertilizers namely RhizoMyx and RhizoMyco. They had asked the following question seeking Advance Ruling:
Whether the bio agricultural products i.e. RhizoMyx and Rhizomyco are classifiable under Chapter 3101 or Chapter 3002?
The advance ruling authority ruled that the said products are biofertilisers classifiable under Heading ‘3002’ of the Customs Tariff Act, 1975(51 of 1975) and liable to GST at 12%.
The appellant has challenged the aforementioned order of the Advance Ruling authority. Therefore, the issue involved in this case is the proper classification of the products Rhizomyx and Rhizomyco and the applicable rate of Goods and Services Tax on the said products.
Held that—This authority confirm the Advance Ruling to the extent it has been appealed before us and hold that –
Held that— The products ‘Rhyzomyx’ and ‘Rhyzomyco’ manufactured and supplied by M/s. Novozymes South Asia pvt.ltd., are classifiable under Tariff item No.30029030 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), is covered under Sr.no.61 of Schedule-II of Notification No.01/2017-Central Tax (Rate) dated 28.06.2017 and is liable to GST at 12%.