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A subtle change in the definition of an “agriculturist” in the draft Central GST Bill, currently under consideration of Parliament, has brought absentee landlords under the ambit of the goods and services tax (GST).
Also, a farmer who is involved in sericulture — the rearing of silkworms — may be required to register for GST under the new indirect tax regime, following the tweak in the definition. The jury, though, is still out on whether bringing sericulture farming under the ambit of GST will increase the price tag of your favourite silk sari.
The definition of an "agriculturist" according to
