Lower GST rate on fertiliser inputs: FAI urges Govt

Goods and Services Tax (GST) on fertiliser raw materials especially ammonia and phosphoric should be brought down from the current 18 per cent in order to promote domestic production, industry body FAI today demanded. Fertiliser Association of India (FAI) also said that the government should bring natural gas under the GST to reduce the cost of urea production. "The rate of GST on final fertiliser…