GST Council cuts taxes on farm inputs to ease costs for growers

The GST Council has announced fresh tax cuts targeting agricultural operations, including exemptions on seed storage and coffee curing services. The measures are designed to address operational gaps in farming and reduce the cost burden on growers across supply chains.

Retreaded tyres and psyllium seeds have been brought under lower tax rates as part of the move. These changes aim to ease the financial pressure on farmers by reducing overall input costs and improving the efficiency of key agricultural processes.

The tax measures reflect the Council's focus on supporting India's farming sector through targeted relief on essential inputs and services. The exemptions and rate reductions are intended to make farming more economically viable for growers.