Notification No. 16/2017
Date: June 30, 2017
Subject: Reduction of IGST rate on fertilisers.
Description:
This notification amends Notification No. 1/2017–Integrated Tax (Rate) to reduce the IGST rate on mineral or chemical fertilisers from 12% to 5%. Corresponding entries under the 12% schedule are omitted. The amendment provides tax relief to the agricultural sector.
Issued for earlier notification?
Yes — it amends Notification No. 1/2017–Integrated Tax (Rate).