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UNION BUDGET 2026Fertiliser industry seeks duty cuts, subsidy reforms ahead of Union Budget

Ahead of the Union Budget 2026, the Fertiliser Association of India (FAI) is urging the government to implement several reforms, including the reduction of customs duties on essential raw materials and the inclusion of urea under the nutrient-based subsidy framework. They are also advocating for relief from various taxes and the resolution of issues related to the GST system, which have resulted in unutilized input tax credits.

Representative image

Representative image

Credit: Shutterstock/FotoDuets

Key Highlights

  • FAI demands duty cuts on raw materials like ammonia and phosphoric acid.
  • Calls for urea to be included in the nutrient-based subsidy framework.
  • Requests relief from Agriculture Infrastructure and Development Cess.
  • Seeks resolution of problems from inverted GST duty structures.
  • Recommends restoration of weighted deductions for R&D and farmer education.
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Sources

  1. UNION BUDGET 2026Fertiliser industry seeks duty cuts, subsidy reforms ahead of Union Budget

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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