AAAR: Prepared Laboratory Reagents taxable at 12% under Heading 38220090, sets aside AAR order

Karnataka AAAR classifies Pharmaceutical Reference Standards (Prepared Laboratory Reagents) imported and supplied by the appellant under Tariff Item 3822 00 90, under Entry No. 80 of Schedule II to Notification No. 1/2017- Integrated Tax (Rate) attracting levy of IGST @ 12%; Observes that the appellant, a science-based organization being distributors of US Pharmacopoeia Reference Standards and Publications and Reference Standard from other Pharmacopoeias, is importing such Re...