Inverted duty structure post-GST has fertiliser industry all worked up

 The inverted duty structure on the fertiliser industry in the wake of the GST rollout has rendered the industry a fertile ground for a bit of disaffection. Indicatively, under the new GST regime, import of key raw materials such as phosphoric acid, ammonia and sulphur attracts 18 per cent GST while the final product is taxed at 5 per cent. On the other hand, imported DAP (diammonium phosphat…