GST rate cut: 30 of 54 daily-use items see more-than-expected price reduction
GST
Dated:- 18-10-2025
PTI
New Delhi, Oct 18 (PTI) As many as 30 of the 54 daily-use items monitored by the government over the past almost a month has seen more-than-expected price cuts post reduction in GST rates, while for others the government will work with the industry to ensure further reduction in retail prices.
Government data showed that while prices of all 54 items have come down since September 22, the actual price cut in case of 24 items was less than the initial estimate of the government.
The government had asked its Central GST field offices to monitor price changes of 54 commonly used items like butter, ghee, cheese, powder, soap a
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and 28 per cent, plus a compensation cess on luxury items.
This has resulted in slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets.
As per the government data on monitoring of GST rate on sensitive commodities before and after GST rate reduction, in case of food items more than expected decrease in price based on average price reported by various zones was seen in dried fruits, cheese, condensed milk, jam, tomato ketchup, soya milk drink and drinking water bottle (20L). GST on all these items were slashed to 5 per cent effective September 22, from 12 per cent.
In case of butter, however, there is scope for more decrease in prices. Butter, which was taxes at 12-18 per cent depend
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