GST on helmets equivalent to compromising road safety. Here's why?3 min read 15 Jan 2022, 09:46 AM IST
A 12 percent GST instead of 18 per cent will help to draw people towards good quality helmets
The rise of the two-wheeler segment in India along with the allied helmet industry has been a growth story in itself. The increase in the purchasing power of both the urban and semi-urban markets and to add to that, the low cost of ownership of two-wheelers have been the major growth drivers for these segments.