GST on Agriculture

Agriculture has always been an interesting area for tax planning, so let us understand how agriculture is being hit by GST: 1. Agriculturist Means: Agriculturist means an individual or a Hindu undivided family who undertakes cultivation of land- a) By own labour b) By the labour of family c) By servants on wages payable in cash or kind or by hired labour under personal supervision or the personal supervision of any member of the family. 2. Should Agriculturist be Registered? An Agriculturist, to the extent of supply or produce out of cultivation of land shall not be liable for registration. Read also: GST … Continue reading GST on Agriculture