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AMMONIA GST REDUCTION
Budget 2026: Fertiliser industry seeks duty cuts, subsidy reformsFor the Budget 2026, the Fertiliser Association of India has proposed key changes including lower customs duties on essential raw materials...- 25 crore out of poverty, neo-middle class rising, says PM Modi in AssamPrime Minister Narendra Modi announced that 25 crore people have exited poverty in the last 11 years. He inaugurated a new ammonia-urea pla...
- Fertiliser companies may get relief as subsidy inversion issue lingersIn light of ongoing challenges within the fertiliser sector, the government is actively pursuing strategies to assist companies struggling ...
- Fertiliser business faces ITC pile-up despite revisionFertiliser companies face a GST input tax credit accumulation issue. This is due to the subsidy-related price inversion. The output value i...
- IESA hails GST 2.0, terms it a step forward to meet India's energy storage needsIndia Energy Storage Alliance welcomes the new GST 2.0. It sees it as a significant step for India's energy storage needs. The GST Council ...
- GST reductions to boost cooperatives, farmers, rural enterprisesThe Ministry of Cooperation reports that recent GST reforms will strengthen the cooperative sector, enhance product competitiveness, and bo...
- How will the recent GST changes affect different sectors of the economy?GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benef...
- A GST 'Budget' for aspiring citizensThe Indian government has implemented significant economic reforms. These reforms include GST rate rationalization and structural changes. ...
- GST rate cut on raw materials offers lifeline to struggling fertilizer manufacturersThe reduction in GST rates on key fertilizer raw materials like sulphuric acid and ammonia to 5% has relieved the industry, according to SF...
- Govt says GST rate cut to make fisheries sector more competitiveThe government's GST rate cut for the fisheries sector aims to boost competitiveness in both domestic and export markets. Reduced rates on ...
- Parag Milk, other agriculture and dairy stocks rally up to 7% after GST cutsAgri and dairy stocks like Parag Milk, Dodla Dairy, and Kaveri Seeds gained up to 7% after the GST Council slashed rates on fertilisers, fa...
- Budget 2024 may propel a key element of the Modi govt's Panchamrit goalsThe Indian government has been prioritizing sustainability through clean energy for over half a decade to ensure economic growth. The Green...
- Fertilizer stocks plummet up to 9% as GST Council refers exemption recommendation to GoMFertilizer stocks like Fertilizers & Chemicals Travancore, GNFC, GSFC, Madras Fertilizers fell up to 9% as the GST council referred a recom...
- GST council refers Par panel recos to cut GST on fertiliser to Group of MinistersTalking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred t...
- What is expected from the GST Council meeting today?The GST council may delay the inclusion of petroleum products under GST and the much-awaited rate rationalization. Discussions may also foc...
- India to soon become USD 5 trillion economy, says PM Modi at BRICS SummitHe highlighted the ease of doing business in India due to mission-mode reforms and invited businesses to participate in the country's devel...
- Fertilizer companies to benefit from GST cut on phosphoric acid to 12% from 18%: ICRAThe cut in GST is likely to be positive for fertilizer manufacturers as it will benefit them in terms of lower input tax credits that will ...
- Fertiliser subsidy arrear drops to Rs 23,000 crore: Ananth KumarThe direct benefit transfer (DBT) for fertiliser subsidy, which is being implemented in some states, will be rolled out across the country ...
- Favourable monsoon augers well for demand in fertiliser sector: Kapil MehanThe sowing activity is at its peak across the country, so overall it is it augers very well for the fertiliser sector.
- Post GST, fertiliser retail prices may be lower: ICRAHowever, a few states, where fertiliser sales were exempt from VAT and attract only 1 per cent excise duty, will face increased tax inciden...
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