Madras High Court quashes part of CBIC circular on fish meal

This circular had clarified an earlier circular, issued a few days ahead of the roll out of GST from July 1, 2017

The Madras High Court has set aside a particular clause in a circular issued by the Central Board of Indirect Taxes and Customs (CBIC), which had taken away an exemption from goods and services tax (GST) granted to fish meal that is used as a raw material for making animal feed.  

CBIC had issued the circular in December 2018 to clarify that fish meal and other raw material used for making animal feed cannot be exempted from GST. It limited the exemption to only final fish meal or animal feed and not to the fish meal used as raw material.