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Agri minister asks manufacturers of farm equipment to pass GST gains to farmers
The Business Guardian
|September 20, 2025
Agriculture Minister Shivraj Singh Chouhan held a meeting with leading manufacturers of farm equipment on Friday and asked them to pass on the benefits of reduced GST, which is effective from September 22, to the farmers.
“The GST rates on agricultural machinery, which were earlier 18% and 12%, have now been reduced to 5%, and these significantly reduced rates will come into effect from 22nd September. This reduction will directly benefit the farmers,” Chauhan said. While giving information on how reduced GST will lower the prices of tractors, the minister said that for a 35 HP tractor, the price will come down by Rs 41,000, and for a 45 HP
Esta historia es de la edición September 20, 2025 de The Business Guardian.
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