Agriculture Marketing and Goods and Service Tax (GST)

Agricultural marketing system is an efficient way by which the farmers can dispose their surplus produce at a fair and reasonable price. Improvement in the condition of farmers and their agriculture depends to a large extent on the elaborate arrangements of agricultural marketing. A scheme for the promotion of Agricultural sector and Agriculture Marketing was considered and National Agriculture market (NAM) was introduced by the central government. NAM Involves all the farmer and traders in the regulated markets with a common e-commerce platform for a transparent, impartial trade of Agri-commodities. As the Goods and Service Tax (GST) is being introduced with the objective of having a unified tax structure for goods and services, this is likely to facilitate and strengthen the Scheme on National Agricultural Market aimed at an integrated system of market of agriculture produce at the national level, allowing free flow of agricultural commodities across states. The present paper tries to explore the opportunities created by the Goods and Service Tax on farming sector and agriculture marketing in India.