12% GST Payable on Products ‘Rhyzomyx’ & ‘Rhyzomyco’

In re Novozymes South Asia pvt.ltd (GST AAR Gujarat) The products ‘Rhyzomyx’ and ‘Rhyzomyco’ manufactured and supplied by M/s. Novozymes South Asia pvt. ltd., is covered under Entry Sr.No.61 of Schedule-II of Notification No.1/2017-Central Tax (Rate) dated 28.06.2017 of the CGST Act, 2017 on which rate of GST chargeable is 12% (6% SGST +6% CGST). Read AAAR Ruling : Rhyzomyx & ‘Rhyzomyco classifiable under Tariff item No. 30029030 FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, GUJARAT BRIEF FACTS The applicant vide their application for Advance Ruling has submitted that they a...