On the industry front, apart from reduction in GST, we look forward to the introduction of the new Pesticide Management Bill, which was due last year.
A lot of farmers' distress in 2017 also occurred because they were not able to sell their produce at the Minimum Support Price (MSP) assured by the government.
Currently, there is no excise duty on Seeds, Fertilizers and Farm Equipment's, while Pesticides attract 12.50% excise duty.
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