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GST rate on fertilizers reduced in the interest of farmers, says minister Ananth Kumar

GST rate on fertilizers reduced in the interest of farmers, says minister Ananth Kumar

New Delhi, Jul 1 (IBNS): Union Minister for Chemicals & Fertilizers, Ananth Kumar, said on Thursday that it was decided to reduce the GST rate of fertilizers from the existing 12% to 5% at the18th meeting of the GST Council, held on June 30, 2017 .