Chromachemie Laboratory Private Limited ., In re
Date: January 14, 2020
Subject Matter
All reagents (lab or diagnostic) belonging to Heading 3822 would be covered under Sl.No 80 of Schedule-2 attracting 12% GST. AAR ruling set aside.
Summary
The AAR ruled that the Prepared Laboratory Reagents or Pharmaceutical Reference standards (HSN 3822 00 90) which are not diagnostic reagents are not covered under Entry No.80 of Schedule II of Notification No.1/2017 – Integrated Tax (Rate) date…
1. At the outset we would like to make it clear that the provisions of CGST, Act 2017 and SGST, Act 2017 are in parimateria and have the same provisions in like matter and differ from each other only on a few specific provisions. Therefore, unless a mention is particularly made to such dissimilar provisions, a reference to the CGST Act would also mean reference to the corresponding similar p…