GST Council Mulls 12% Uniform Tax on Fertilizers; RCF Completes NCD Redemption
The GST Council is considering implementing a uniform 12% tax rate on fertilizers and inputs by September, potentially affecting companies like Rashtriya Chemicals & Fertilizers (RCF). Separately, RCF has made an interest payment of Rs. 32.95 crore and fully redeemed Rs. 500 crore worth of Non-Convertible Debentures (NCDs) with ISIN INE027A07012.

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In a significant development for the fertilizer industry, the GST Council is reportedly considering the implementation of a uniform 12% tax rate on fertilizers and inputs by September. This potential change could have far-reaching implications for companies like Rashtriya Chemicals & Fertilizers (RCF), potentially impacting the taxation structure for fertilizer products and related inputs.
Potential GST Rate Change
The proposed uniform tax rate, if implemented, would streamline the taxation process for fertilizers and their inputs. This move could potentially affect pricing strategies and profit margins for companies operating in the fertilizer sector. However, it's important to note that the final decision is yet to be made by the GST Council.
RCF's Financial Update
In related news, Rashtriya Chemicals & Fertilizers has recently fulfilled its financial obligations regarding its Non-Convertible Debentures (NCDs). According to the latest LODR (Listing Obligations and Disclosure Requirements) data:
- RCF has made an interest payment of Rs. 32.95 crore.
- The company has also completed the redemption of the principal amount of Rs. 500.00 crore.
- These payments were made for NCDs bearing the ISIN: INE027A07012.
NCD Redemption Details
The redemption details provided by RCF are as follows:
Particulars | Details |
---|---|
ISIN | INE027A07012 |
Type of redemption | Full |
Quantity redeemed (no. of NCDs) | 5000 |
Due date for redemption/maturity | 05/08/2025 |
Actual date for redemption | 05/08/2025 |
Amount redeemed | Rs. 500.00 crore |
Outstanding amount | Nil |
This full redemption marks the successful completion of RCF's obligations for these particular NCDs, demonstrating the company's financial health and commitment to meeting its debt responsibilities.
As the fertilizer industry awaits the GST Council's decision on the proposed tax rate change, companies like RCF continue to manage their financial obligations effectively. The potential uniform tax rate, coupled with RCF's recent NCD redemption, underscores the dynamic nature of the fertilizer sector and the importance of financial stability in navigating potential regulatory changes.
Historical Stock Returns for Rashtriya Chemicals & Fertilizers
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.19% | -3.25% | -2.66% | -5.06% | -22.38% | +210.05% |