GST rate cut kicks in from Monday, goods and services to become cheaper
GST
Dated:- 21-9-2025
PTI
New Delhi, Sep 21 (PTI) Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday as the reduced GST rates on about 375 items come into effect.
In a bonanza to consumers, the GST Council, comprising Centre and states, has decided to reduce tax rates on goods and services, from September 22 the first day of the Navaratri.
Mass consumption items like ghee, paneer, butter, 'namkeen', ketchup, jam, dry fruits, coffee and ice creams, and aspirational goods like TV, AC, washing machines will become cheaper.
Various FMCG companies have already announced reduction in prices in v
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-being services including services of health clubs, salons, barbers, fitness centres, yoga, etc has been slashed from 18 per cent with Input Tax credit (ITC), to 5 per cent without tax credit.
Also, daily use products like hair oil, toilet soap bars, shampoos, toothbrush, toothpaste, too are likely to get cheaper as tax on them has been cut to 5 per cent from 12/18 per cent currently.
Other daily use items like talcum powder, face powder, shaving cream, after-shave lotion too could see reduction in prices as GST has come down to 5 per cent, from 18 per cent.
Effective September 22, GST will be a two-tier structure wherein majority of goods and services will attract tax of 5 and 18 per cent. A 40 per cent tax will be levied on ultra lu
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