# Goods and Service Tax: A bad deal, say fertiliser makers | Business News - The Indian Express

> Indian fertiliser makers say a GST cut on finished fertilizers from 12% to 5% does not reduce the 18% tax on phosphoric acid and ammonia inputs. They warn this will make domestic DAP and NPK production unviable and could lead to a surge in imports.

- Date: 2017-07-12 · published 2017-07-12T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/70287-goods-and-service-tax-a-bad-deal-say-fertiliser-makers-business-news-the-indian
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

If domestic output falls, India will rely more on imported DAP, which supports world phosphate demand. The effect on world prices depends on how much import demand actually rises.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | 0.0% | -10.3% |
| DAP | 2024-11-01 | [Fertilizer subsidy payout declines in April-September  - The HinduBusinessLine](https://feedsoft.ai/events/5408-fertilizer-subsidy-payout-declines-in-april-september-the-hindubusinessline.md) | 0.0% | -0.9% |
| DAP | 2021-04-09 | [Fertiliser  Prices News: Government Tells Fertiliser Companies Not To Raise Prices](https://feedsoft.ai/events/47929-fertiliser-prices-news-government-tells-fertiliser-companies-not-to-raise-prices.md) | +0.2% | +6.7% |
| DAP | 2020-09-25 | [India’s Fertilizer Under Pressure \| World Fertilizer](https://feedsoft.ai/events/51053-india-s-fertilizer-under-pressure-world-fertilizer.md) | -1.3% | -0.4% |
| DAP | 2025-09-26 | [Global Ag News For Sept 26.2025 - ADM Investor Services](https://feedsoft.ai/events/22954-global-ag-news-for-sept-26-2025-adm-investor-services.md) | -3.2% | -1.6% |

## Sources

- indianexpress.com: https://indianexpress.com/article/business/business-others/goods-and-service-tax-a-bad-deal-say-fertiliser-makers-4748099/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.