Department of Sports Requests Ministry of Finance to Impose a Uniform 5% GST on All Sports Goods

Department of Sports Requests Ministry of Finance to Impose a Uniform 5% GST on All Sports Goods The Department of Sports has requested that the Ministry of Finance impose a uniform 5% GST on all sports goods in order to encourage sports goods manufacturing in India, the Lok Sabha was informed on Tuesday. According to Union Minister of State for Sports Nisith Pramanik, GST rates are set based on the GST Council's recommendations, and most sports equipment is taxed at a rate of 12%. He stated that only a few sports equipment, such as general physical exercise equipment and padding pools, are subject to the 18% Goods and Services Tax (GST). "Furthermore, this ministry has received representations from sports goods manufacturers seeking exemption from the GST regime's duty rate on sports goods." "The Department of Sports has requested that the Ministry of Finance impose a uniform GST slab of 5% on all sports goods in order to encourage sports goods manufacturing in India," he said during Question Hour. Pramanik was responding to a question about whether the GST on sports equipment is very high, and if so, what steps are being taken to reduce it as part of the Fit India initiative.