No change in GST law and taxation relating to farmers

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The Finance Ministry in a statement said that support services to agriculture, forestry, fishing or animal husbandry are exempted from GST.

The government has clarified that there has been no change in the GST law and taxation relating to farmers since its implementation.

The exempted support services include renting or leasing of vacant land with or without a structure incidental to its use. It said, thus, renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry on share cropping or otherwise is also exempted from GST.

The clarification of the Ministry came in view of the media reports that certain changes have been made in GST law.

 

 

Source: AIR News

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