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.