Economy

Budget 2019: CAIT for lowering GST rates for various products

PTI New Delhi | Updated on June 13, 2019 Published on June 13, 2019

The traders body submitted a white paper on GST to Finance Minister Nirmala Sitharaman

The Confederation of All India Traders (CAIT) urged the government to lower GST rates on various products, including auto parts and aluminium utensils.

The traders body also suggested to review items placed under different tax slabs under Goods and Services Tax (GST) as many of the products are overlapping.

“Various items like auto parts and aluminium utensils are not of luxurious nature should be taken out from 28 per cent tax slab and may be put under lower tax slab,” it said in a statement.

Submitting a white paper on GST to Finance Minister Nirmala Sitharaman, it also suggested to reduce the tax rate for items like hardware, mobile covers, ice cream, health drinks, paints, marble, used vehicles, and two wheelers.

“The Minister assured the CAIT delegation that she will look in to the issues,” it said. They also urged the minister to form GST Lokpal in each state and the Centre.

Published on June 13, 2019
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