AAR: ‘Single Super Phosphate’ exports taxable @ 18% IGST, eligible for refund

West Bengal AAR rules that export of ‘single super phosphate’ (SSP) shall be liable for 18% IGST under Sl. No. 43 of Schedule III of Notification No. 1/2017 - IT (Rate) dated June 28, 2017, if the applicant opts for refund in terms of Section 16(3)(b) of the IGST Act; Referring Circular No. 54/28/2018-GST dated August 09, 2018, states that concessional rate of tax is applicable only to fertilisers which are used solely for agricultural purpose, thereby being ina...