Coastal Fats & Oils Private Limited
Date: March 21, 2022
Court: Authority for Advance Ruling
Bench: Andhra Pradesh
Type: Advance Ruling
Judge(s)/Member(s): D Ramesh, R V Pradhamesh
Subject Matter
Solvent Extracted spent Earth oil is taxable at 5% under HSN '1518'
Summary
Question: What is the Rate of Tax on solvent Extracted spent Earth oil? Answer: The solvent Extracted spent Earth oil is taxable at 5 % as per SI. No. 90 of Schedule I of N otification No. 01/2017 Central Tax (Rate) Dt.28.06.2017 .
1. At the outset we would like to make it clear that the provisions of CGST Act, 2017 and SGST Act, 2017 are in pari materia 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 provis…