CESTAT Rules “Liquid Seaweed Concentrate” as Fertilizer, Not Plant Growth Regulator, Citing Chemical Composition

CESTAT ruled that liquid seaweed concentrate is classified as fertilizer, not a plant growth regulator, based on its chemical composition. The classification of a product is crucial for determining its tax treatment under excise and customs laws. The tribunal's decision, based on the scientific analysis of the product's chemical makeup, will determine the applicable duty rates and regulations for liquid seaweed concentrate.