
India’s authority refuses to classify tire pyrolysis oil of Royal Carbon Black
India’s tax law portal TaxScan.in reported this March that The Maharashtra Authority for Advance Rulings (AAR) declined from determining classification (HSN) of Tire Pyrolysis Oil and the tax rate applicable to it, by reason of non-submission of full details pertaining to composition of the impugned product by the applicant. The order was passed in an application filed by Royal Carbon Black Pvt.Ltd., an entity engaged in the recycling of used tires. The application was preferred under Sec.97 of the Central Goods and Services Act and Maharashtra Goods and Services Act, for adjudicating upon the classification (HSN) of Tire Pyrolysis oil and the tax rate applicable to it.