TMI BlogHSN code and rate of taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, Rate of tax and HSN code of Groundnut Husk - Reply By Rajagopalan Ranganathan - The Reply = Sir, According to Sl. No. 81 of Notification No. 02/2017-C.T. (Rate) dated 28.06.2017 as amended only Ground-nuts, not roasted or otherwise cooked, whether or not shelled or broken, of seed quality falling under heading Ni. 1202 is chargeable to 'Nil' rate of gst. According t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o Sl. No. 65 of Notification No. 01/2017-C.T. (Rate) dated 28.06.2017 as amended Ground-nuts, not roasted or otherwise cooked, whether or not shelled or broken other than of seed quality falling under heading No. 1202 is liable to CGST @2.5% and SGST @2.5% if the supply is intra-state or 5% IGST if the supply is inter-state. Since Groundnut husk emerges during the processing of groundnut it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cannot be treated as an agricultural product and the same is classifiable under heading 1202 and liable to gst @2.5% or 5% as the case may be. In my opinion, since there is no entry for waste arising during processing of groundnut the same is classifiable under heading 1202. - Reply By Bharat Cholleti - The Reply = Thank you sir - Reply By KASTURI SETHI - The Reply = I am also of the same vie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w as opined by Sh.Ranganathan, Sir. Groundnut is classifiable under Chapter/Heading/Sub-heading No.1202 4290 - HSN code and rate of tax - Query Started By: - Bharat Cholleti Dated:- 8-12-2020 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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