200 Items becomes cheaper as GST Cuts Notified

Around 200 products of mass consumption, including detergents and ceiling fans, became cheaper with the lower goods and services tax (GST) rates taking effect.

The finance ministry has told citizens to remember this while purchasing these. The government formally notified the lower rates, including on chocolates, waffles, furniture, wristwatches, cutlery, suitcases, ceramic tiles and articles of cement.

The GST Council, chaired by Finance Minister Arun Jaitley, had in Guwahati decided to cut rates on these items to provide relief to consumers and businesses, amid an economic slowdown.