1. News

GST will trouble farmers

KJ Staff
KJ Staff

Pre-monsoon has arrived but farmers are not particularly excited about the monsoon season's good rains, while it is assumed that when there is good rain, the yield is expected to be better. Sowing of kharif crops started with the onset of the monsoon.

By the decision of Central Government , GST will be in effect from mid-night of 30th June 2017 . It is decided to impose 18% GST on Pesticides in the goods and services tax (GST) implemented by the Central Government from June 30, which will increase the troubles of the farmers. Tax is exempted on seeds, fertilizers and tractors will be taxed at 12%, whereas the products used to protect the crops will be taxed at 18%.

The framers in our country is already facing many problems like loan pressure, etc.  and this new decision by central govt. will definitely increase problem of farmers.

Like this article?

Hey! I am KJ Staff. Did you liked this article and have suggestions to improve this article? Mail me your suggestions and feedback.

Share your comments

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Subscribe Newsletters