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India Reduces GST Across Fisheries Value Chain, Bringing Key Items to 5%

The move targets lower operating costs to boost price competitiveness in a sector supporting over 3 crore livelihoods.

Overview

  • The Ministry of Fisheries, Animal Husbandry & Dairying confirmed broad GST rationalisation for fisheries, cutting many rates from 12–18% to 5%.
  • Prepared or preserved fish and shrimp, along with fish oils and extracts, now attract 5% GST to make value‑added seafood more affordable and export‑ready.
  • Aquaculture equipment essential for farms and hatcheries—diesel engines, pumps, aerators and sprinklers—drops to 5%, reducing farm‑level expenses.
  • Critical inputs and services are included, with ammonia and micronutrients at 5%, fishing rods, nets and tackle at 5%, job‑work for food and agro‑processing at 5%, and composting machines at 5%.
  • The cuts follow approvals linked to the 56th GST Council meeting, with one report citing a September 22, 2025 start date pending formal notifications.