EntoSphere by Pujitha

The government has recently rolled out new GST reforms for the agriculture sector, and it’s good news for farmers. Many essential agricultural goods and inputs now have lower tax rates, with some dropping to just 5% or even becoming tax-free. Let's break down what's changed and what it means for the farming community. GST Reforms Benefit Indian Farmer Cheaper Farming Equipment and Machinery One of the biggest changes is the GST reduction on farm machinery. The tax on a wide range of equipment has been cut from 12% to 5% . This includes: Tractors (with engines under 1800 cc) Machines for soil preparation, cultivation, harvesting, and threshing Parts for tractors, like tyres and tubes, which saw a significant drop from 18% to 5% This makes it more affordable for farmers to invest in the tools they need to improve efficiency. Lower Costs for Fertilizers and Inputs The GST on key raw materials used to produce fertilizers—like Sulphuric acid, Nitric acid, and Ammonia—has been slash...