12% GST Payable on Rapeseed / Soya oil based dielectric transformer fluid: AAR

In re M & I Materials India Private Limited (GST AAR Maharashtra) Q. What is the correct Harmonized System of Nomenclature (HSN) code and the applicable GST rate for our products MIDEL eN 1204 (rapeseed oil based dielectric transformer fluid) and MIDEL eN 1215 (soya oil based dielectric transformer fluid) in terms of Notification No. 1/2017-Central Tax (Rate) dated 28 June 2017? A. As per the discussions and findings under the heading ‘Observations’, the question is answered thus – The product would fall in schedule entry 27 of Schedule II of the Notification No. 1/2017...