18% GST on Prepared Laboratory Reagents which are not diagnostic reagents

In re M/ s Chromachemie Laboratory Private Limited (GST AAR Karnataka) The Prepared Laboratory Reagents or Pharmaceutical Reference standards (HSN 3822 00 90) which are not diagnostic reagents are not covered under Entry No.80 of Schedule II of Notification No.1/2017 – Integrated Tax (Rate) dated 28.06.2017 and is covered under entry no.453 of Schedule III of Notification No.1/2017 -Integrated Tax (Rate) dated 28.06.2017 and attracts IGST at 18%. Read AAAR- 12% IGST payable on import of Pharmaceutical Reference Standards FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, KARNATAKA 1. M/ ...