GST: Bring energy efficient ACs in 18% slab under GST:Blue Star


GST: Bring energy efficient ACs in 18% slab under GST:Blue Star

Commercial refrigeration major Blue Star today demanded the five star energy efficient and inverter air conditioners be put in the 18 per cent tax bracket under the upcoming GST regime.

Besides, the company, which is a leading manufacturer of ACs in India, also suggested that units sold to government hospitals and educational institutions must be taxed at 18 per cent irrespective of their rating.

“We want the government to make it 18 per cent in Goods and Services Tax, which is revenue neutral,” Blue Star Joint Managing Director B Thiagarajan told PTI.

Citing the example of China and Japan, he said the energy saving ACs must be encouraged through such tax incentives. Read more

Credits:economictimes.indiatimes.com

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