Gst On Bioproducts


Chetan Dedhia
watch_later 1 year, 12 months ago

Bioproducts or bio-based products are materials, chemicals and energy derived from renewable biological resources.

 

What would be the GST rates on:

1) SeaWeed Extracts,

2) BIO Plant Growth Regulators and

3) Organic Certified Pesticides and Fertilizers?

1 Answer

Pulkit Sharma watch_later 1 year, 12 months ago
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Chapter 31 which covers Fertilisers.

Organic manure, other than put up in unit containers and bearing a brand name are taxed at NIL rate.

Fertilisers, other than those which are clearly not to be used as fertilizers [31] are taxed at 5% and All goods which are clearly not to be used as fertilisers [31] are taxed at 12%.

Bio-gas plant is taxed at 5%.

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