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2023 (4) TMI 902 - AUTHORITY FOR ADVANCE RULINGS, KARNATAKAClassification of goods - rate of GST - HSN Code - Phosphate solubilizing Fungal Bio fertilizers - to be classified under HSN code 3101 0099 or not - HELD THAT:- Heading 3103 covers Minerals or chemical fertilisers of phosphatic in nature. Further heading 3103 10 00 covers superphosphates and heading 3103 90 00 covers other phosphatic fertilisers. In the instant case the impugned product contains Rock Phosphate and thus it is a phosphatic in nature. Further it is not a superphosphate and thus it merits classification under heading 3103 90 00. Rate of GST - HELD THAT:- Notification No. 1/2017-Central Tax(Rate) dated 28.06.2017, as amended, specifies GST rate of 5% on the impugned product in terms of Sl.No.182B of Schedule I to the said Notification, which covers Mineral or chemical fertilizers, phosphatic, other than those which are clearly not to be used as fertilizers - the product “Bio-Phosphate” merits classification under HSN code 3103 90 00 and thus are exigible to GST @ 5%, in terms of Sl.No. 182B of Schedule I to the Notification No. 1/2017-Central Tax (Rate) dated 28.06.2017, as amended.
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