Recent GST reforms, effective Sept 22, 2025, cut rates on fish oils, aquaculture equipment, and fishing gear to 5%, lowering costs for farmers and boosting seafood export competitiveness. Taxes on chemicals like ammonia are also reduced, aiding pond preparation. With exports over Rs 60,000 Cr, India’s fisheries sector supports 30M livelihoods. The reforms align with PM Modi’s vision, strengthening the Blue Economy and advancing Viksit Bharat.
GST Relief Across Fisheries Value Chain: Fishing Nets, Seafood Products and Aquaculture Inputs All at 5%
September 4, 2025
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