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CTI Requests Finance Minister Nirmala Sitharaman to Reduce GST on Air Purifiers
Sentiment: NeutralHigh Priority
What Happened?
In response to rising pollution levels in Delhi NCR, the Chamber of Trade and Industry (CTI) has urged Finance Minister Nirmala Sitharaman to lower GST on air purifiers from 18% to 5%. They argue that air purifiers are essential for health amid deteriorating air quality.
Key points
- CTI chairman Brijesh Goyal wrote to Finance Minister Nirmala Sitharaman.
- Currently, GST on HEPA filters is 18%.
- CTI demands GST reduction on air purifiers and related components.
- Air quality index (AQI) in several Delhi areas exceeds 400.
- CTI also seeks financial aid for installing purifiers in public institutions.
Key insights
- Lowering GST may increase air purifier sales, benefiting manufacturers.
- The demand for air purifiers is likely to rise due to worsening air quality.
- This move could set a precedent for other health-related devices.
Why it matters
Reducing GST on air purifiers could make them more affordable for consumers facing health risks from pollution.
Source
India Today
