Corporate News

GST Council Likely to Consider 5% GST on Air and Water Purifiers

The GST Council is considering reducing the goods and services tax on air and water purifiers from 18% to 5%, reclassifying them as essential items rather than discretionary goods.

This potential cut could reduce retail prices by 10-15%, benefiting lower-income families amid deteriorating air quality and uneven access to safe drinking water. Pressure for the reduction has increased following a Delhi High Court request for a meeting to address the matter, emphasizing the need for affordable clean air solutions.

The court is also reviewing a public interest litigation advocating for air purifiers to be classified as medical devices, potentially warranting a GST exemption due to their health benefits.

Source – sarkaritel.com

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