Chennai, Sept. 26 -- In response to recent tax reforms by the union Government, VST Tillers Tractors, one of India's leading farm equipment manufacturers, today announced that it has passed on the Goods and Services Tax (GST) reduction directly to its customers.
The GST rate on agricultural machinery has been reduced from 12% to 5%, and VST has promptly transferred this benefit to its customers.
By adjusting prices in line with the revised GST rates, VST ensures that farmers directly benefit from the government's fiscal policies, fostering greater trust and loyalty,a company statement said.
Published by HT Digital Content Services with permission from United News of India....