IRF calls for slashing of GST on helmets from 18% to nil to curb accidents

International Road Federation (IRF) on October 31 expressed concerns over the increase in the number of road accidents in India in 2022 and demanded that the Goods and Services Tax (GST) on helmets be slashed to nil to encourage riders to wear helmets.

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A report titled ‘Road accidents in India — 2022’ revealed that 4,61,312 road accidents occurred in 2022, claiming 1,68,491 lives, and leaving 4,43,366 injured. As per the report, 50,029 people who died in accidents were not wearing a helmet, and 35,692 (71.3 per cent) were drivers.

IRF President emeritus K K Kapila said India accounts for about 11 per cent of road accident deaths worldwide and the economic loss is about USD 15.71-38.81 billion as per the latest Bosch Report. Helmet usage in the country has been found to be low and it has been noticed that most two-wheeler riders fall in lower income groups and prefer to purchase helmets that are cheaper in quality.

Read more at : moneycontrol

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