Centre Directs Farm Machinery Makers to Cut Prices After GST Rate Reduction

Centre directs farm machinery makers to cut prices after GST rate reduction

Agricultural machinery manufacturers reduce prices following GST rate cut, benefiting farmers with transparent pricing, says Union Minister.

Agricultural machinery and tractors to become cheaper in major relief for farmers: Minister

New Delhi, Sep 19 : The government has pledged to ensure an increase in farmers’ incomes, which requires both raising productivity and reducing costs, and mechanisation is vital to achieving both, Union Agriculture Minister Shivraj Singh Chouhan said on Friday. Addressing a meeting to discuss the latest GST reforms for agricultural machinery here in the presence of industry representatives, Chouhan thanked Prime Minister Narendra Modi for the GS…

Union Agriculture Minister Likely to Chair a Meeting Today on GST Reforms for Agricultural Machinery

Union Agriculture Minister Likely to Chair a Meeting Today on GST Reforms for Agricultural Machinery Today, September 19, the Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Shri Shivraj Singh Chouhan, is expected to chair a meeting on GST Reforms for Agricultural Machinery. All representatives of the Tractor and Mechanisation Association (TMA), Agricultural […]

Ensure GST benefits reach farmers, Agriculture Minister tells farm equipment & tractor makers

Government has slashed GST on agricultural machinery to 5 per cent, cutting tractor prices by up to Rs 63,000. Agriculture Minister Shivraj Singh Chouhan has asked manufacturers to ensure farmers directly benefit from the move. Get more India News and Business News on Zee Business.

Shivraj Singh Chouhan Chairs Meeting with Farm Machinery Associations to Ensure GST Benefits Reach Farmers from Sept 22

Union Agriculture Minister held a meeting with agricultural machinery manufacturers to ensure that farmers directly benefit from the GST reduction from 18% to 5%. The move is expected to make farm equipment more affordable, saving farmers up to Rs 1.87 lakh on machinery.

Agriculture minister asks farm equipment & tractor makers to pass on GST cut benefits to farmers - ChiniMandi

New Delhi [India]: 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 dire…