Tax on vermicompost

nikhil narayana 1
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Hello

We are in the farming industry where we are producing vermicompost from cow manure. Vermi compost is basically manure produced by earthworms. We are selling it at the rate of Rs. 5/kg and would like to know if there is any tax liability?

Thanks Nikhil

vermic-compost agricultural-income
1 Answers

I think, Vermi compost production would not be assumed as an agricultural activity, so income generated from it would be taxable like any other business.

Pankaj Batra5212
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