Integrated Tax Notifications (Rate)

IGST Notification rate 16/2017

Title Seek to reduce the rate of Central Tax, Union Territory Tax, on fertilisers from 6% to 2.5% and Integrated Tax rate on fertilisers from 12% to 5%
Number 16/2017
Date 30-06-2017
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1) In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.1/2017- Integrated Tax (Rate), dated the 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E), dated the 28th June, 2017, namely:-

2) In the said notification,-

(i) in Schedule I – 5%, after serial number 182 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

(1)(2)(3)
“182A3102Mineral or chemical fertilisers, nitrogenous, other than those which are clearly not to be used as fertilizers
182B3103Mineral or chemical fertilisers, phosphatic, other than those which are clearly not to be used as fertilizers
182C3104Mineral or chemical fertilisers, potassic, other than those which are clearly not to be used as fertilizers
182D3105Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg; other than those which are clearly not to be used as fertilizers”;

(ii) in Schedule II – 12%, serial numbers 66, 67, 68 and 69 and the entries relating thereto shall be omitted.

3) This notification shall come into force with effect from the 1st day of July, 2017.