New GST rates kick in; groceries, medicines, electronic items, cars get cheaper
GST
Dated:- 22-9-2025
PTI
New Delhi, Sep 22 (PTI) New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds.
Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
FMCG, car companies, electronics manufacturers and pharma companies have lowered prices. As many as 375 items, including groceries, agri-equipment, clothing, medicines and auto
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ng a family vacation,” the Prime Minister said in an open letter.
As per government estimates, there would be a saving of 13 per cent in the household bills for groceries and daily essentials, while a small car buyer could save around Rs 70,000.
Stationery, clothing, footwear and medicines purchases would bring in savings in the range of 7-12 per cent, while the savings would go up to 18 per cent in the case of individual health and life insurance policies, which have been exempt from GST.
There would be a savings of Rs 40,000 on the purchase of tractors up to 1800 cc. GST rate has been cut to 5 per cent on tractors from the earlier 12-18 per cent.
In case of bikes/scooters (up to 350 cc) purchase, savings would be Rs 8,000, while i
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withdrawing the additional GST burden (on people), and the Centre should not take undue credit for it. The Centre won't have to spend a single paisa. Every state will have to find ways to tide over the revenue loss,” Banerjee said.
Karnataka Chief Minister Siddaramaiah accused Modi of “deceiving” Indians.
“It was Modi who implemented GST, it was Modi who increased GST rates, and now it is Modi who is patting himself on the back. We were the ones who opposed when GST was increased to 18 per cent and 28 per cent. The very people who collected it all these years are now taking credit. See how cleverly they are deceiving Indians. You should not fall for this,” Siddaramaiah added.
Telangana Chief Minister A Revanth Reddy on Monday demande
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