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of <h1>India Cuts Fertilizer GST Rates: Central & UT Tax Slashed to 2.5%, Integrated Tax to 5% Effective July 2017.</h1> The Government of India, through the Ministry of Finance, issued Notification No. 18/2017 on June 30, 2017, to amend the Union Territory Goods and Services Tax (UTGST) rates on fertilizers. Effective July 1, 2017, the Central Tax and Union Territory Tax rates on fertilizers were reduced from 6% to 2.5%, and the Integrated Tax rate was reduced from 12% to 5%. The amendments specifically apply to mineral or chemical fertilizers, including nitrogenous, phosphatic, potassic, and those containing nitrogen, phosphorus, and potassium, provided they are used as fertilizers.
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