GST Classification of Natural Fibre Composite Board: Wood or Fibreboard? Exploring Tax Implications and Rates.
Case-Laws
GST
The matter pertains to the classification and applicable GST rate for a Natural Fibre Composite board manufactured by the applicant. The board comprises natural fibre, calcium carbonate, recycling waste, processing aids, and PVC resin as a binding agent. The issue revolves around whether the product should be classified under Chapter 44 as wood and articles of woo
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