Which Items To Get Cheaper From Today After GST Cut?

05:00:00 PM, Friday 27th of July 2018 | in business

The GST Council has reduced the tax rates on few items from 28% to 18%, which will take effect from Friday. After this, some of the manufacturers have also reduced the price by 7-8% to benefit buyers. Prices of items like small screen TVs, fridge, washing machines, vacuum cleaners, kitchen appliances and electric gadgets, have been reduced. This tax reduction is even lower than what it was during the VAT regime.