
Fertiliser Industry Urges GST Reform on Raw Materials and ITC Refunds
The Indian fertiliser industry struggles under the current Goods and Services Tax (GST) system. Phosphatic and Potassic (P&K) fertilisers face only 5% GST, but essential raw materials such as ammonia and sulphuric acid attract 18%. Packing materials and other inputs also fall in higher tax slabs. This imbalance creates a major challenge. Fertiliser companies pay…