The Rajasthan State Tax Department has clarified that Quick Lime and Hydrated Lime with purity less than 98% falls under HSN code 2522. Thereby ending years old ambiguity on taxation of these products.
A delegation of AILMA led by Sh. S. N. Bhargava under the directoins of Sh. Manchand Choudhary visited the Tax officials in Jaipur to sought the clarification on the issue. The decision of department is hailed by Lime industry as it ends any chances of retrospective taxation and higher tax slab.
Practically all kind of industrial grade Lime is below 98% in purity so this decision removes any confusion regarding tax slab of Lime.
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