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GST cut drives tractor sales into high gear
Financial Express Lucknow
|October 11, 2025
. Sales hit a record 146,000 units
A REDUCTION IN the goods and services tax (GST) rate on tractors, coupled with festive demand, drove monthly sales to an all-time high in September.
Data from the Tractor and Mechanization Association (TMA), the industry's apex body, showed that a little over 146,000 tractors were sold in the domestic market last month, surpassing the previous best of 144,675 units recorded in October 2024.
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