AAR: Biofertilizers Rhyxomyx and Rhyxomyco produced by culturing of micro-organisms taxable @12%

Gujarat AAR holds that the process of manufacture/ production of biofertilizers namely Rhyxomyx and Rhyxomyco is covered under Entry Sr.No.61 of Schedule-II of Notification No.1/2017-Central Tax dated  June 28, 2017  and chargeable to GST @12%; Perusing Chapter 3101 which covers animal or vegetable fertilizers r/w entry No.182 of Schedule-I (on which the effective rate of GST is 5%), spells out that bio-fertilizers are not covered under the same;...