Last Updated Sep - 05 - 2025, 11:53 AM | Source : Fela News
Prices of nearly 400 items will drop as businesses adjust pricing, effective by September 22.
A good news has come for buyers only a few weeks before the festival season: GST rate cuts will start appearing in retail prices from September 22. Around 400 items and services are under its purview and the manufacturer and retailers are already deciding their prices system so that the benefits can reach the consumers directly.
From aromatic soap and packaged food to refrigerators and small cars, these changes cover a wide range of useful and durable items. Companies are adjusting to logistics, supply chains and billing framework, so that new rates - 5% and 18% - without any obstruction can be applied.
Commerce and Industry Minister Piyush Goyal has insisted that traders will have to reach this savings directly to consumers. The industry also seems to support this initiative, which reflects the shared commitment to reduce the burden of consumers.
In cities like Bengaluru, stakeholders are already promising to provide cheap hygiene products, packaged foods, equipment and motor vehicles. However, he has also warned to be vigilant against unfair pricing and demanded monitoring to ensure transparency.
The expectation is clear: reduced tax rates should stimulate demand, boost consumer confidence, and kickstart festive spending. For many families, this could mean a noticeable drop in grocery bills, electronics expenses, and essential purchases just as celebrations are gearing up. With proper execution and honest pricing, these cuts can deliver meaningful relief at the checkout counter by September 22.
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