Fitness goods: Traders seek review of GST rates

Tribune News Service

Chandigarh, June 19

In view of differential GST rates on sporting goods and physical exercise equipment at 12% and 28%, respectively, by the GST Council, the Traders Association of Sporting Goods and Physical Exercise Equipment (TASGPEE) has appealed to the council to reconsider the GST rates. The association expects GST rate of 28% could impact the sales by around 25% and people’s health.

As per global prevailing taxation practices, the TASGPEE has requested the GST Council to keep sports goods & physical exercise equipment in the same GST tax rate of 12%.

Dr Dinesh Kapoor, president, TASGPEE, said “We welcome the fitment of rates of various goods approved during the GST Council meeting. However, we would like to appeal to the GST council to also treat physical exercise equipment as part of sports goods with 12% GST rate.