MP raises issue of high GST on sports goods

Tribune News Service

Jalandhar, August 12

Jalandhar MP Santokh Chaudhary has raised the issue of Goods and Services Tax (GST) in the Lok Sabha where he stated that due to high GST slabs imposed on sports goods, the industry is on the verge of closure in the city.He said all items must be brought under the minimum 5 per cent slab. Small items like whistles, helmet and skipping ropes had been put under higher slabs which must be brought under the 5 per cent slab.Sports Industrialists on Sunday met the MP and thanked him for raising their issues with the Finance Minister after which the latter gave an assurance that he would raise their demands in the national GST Council.A few days ago, members of a sports forum had also handed over a memorandum to the minister and went to Mohali to demand changes in the GST.The members in the memorandum demanded to rectify adverse implications of the Goods and Services Tax on the sports industry.They also demanded to make articles of general physical exercise and equipment, which were not electronics, to be rationalised to the lowest slab of 5 per cent in the GST regime.The members also made a request to revise the tax slab rate of sports bags.Will raise issue in GST council: MinisterSports Industrialists on Sunday met Jalandhar MP Santokh Chaudhary and thanked him for raising their issues with the Finance Minister after which the latter gave an assurance that he would raise their demands in the national GST Council. A few days ago, members of a sports forum had also handed over a memo to the minister and went to Mohali to demand changes in the GST.

source:https://www.tribuneindia.com/news/jalandhar/mp-raises-issue-of-high-gst-on-sports-goods/636702.html

Related Posts