Fertilizer Industry Seeks GST Clarity on Inverted Duty Structure

The fertilizer industry is asking for a clearer tax system.

Right now, the industry pays a high tax on the materials it uses to make fertilizer, but a lower tax when it sells the fertilizer.

This is called an inverted duty structure.

Because the fertilizer is sold at a subsidized price, it makes the tax situation even more complicated.

The industry wants the government to fix this, especially when it comes to getting refunds on the taxes it has already paid.

They plan to talk to government officials about this.