rediff.com

IRF Demands 0% GST on Helmets for Road Safety

Share on:

By Rediff Money Desk, New Delhi   Oct 29, 2024 16:01

IRF calls for zero GST on helmets to promote road safety and combat substandard helmets, highlighting the high percentage of road accident deaths in India.
IRF Demands 0% GST on Helmets for Road Safety
New Delhi, Oct 29 (PTI) Welcoming the government's campaign against the use of substandard helmets, the International Road Federation (IRF) on Tuesday demanded reduction of GST on the protective gear to 0 per cent from the present 18 per cent.

To enhance road safety and protect consumers from substandard helmets, the Ministry of Consumer Affairs (MCA) has written to district collectors (DCs) and district magistrates (DMs) to launch a nationwide campaign targeting manufacturers and retailers who sell non-compliant helmets for two-wheeler riders.

"IRF welcomes the campaign against substandard helmets but also demands reduction of GST on helmets to zero per cent from the present 18 per cent as India accounts for about 11 per cent of road accident deaths worldwide," IRF President Emeritus K K Kapila said in a statement.

Kapila added that helmet usage in India has been found to be low and it has been noticed that most two-wheeler riders fall in the economically weaker and lower income groups and prefer to purchase helmets that are cheaper and inferior in quality.

Currently, the applicable rate of GST on helmets -- a life-saving protective gear -- is 18 per cent.

According to Section 129 of the Central Motor Vehicle Act, 1988, wearing of helmets is mandatory for two-wheeler riders.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!