Business Standard

Home appliances to get cheaper? GST cut in consumer goods buzz gets louder

CEAMA is understood to have pitched for a rate cut in four key categories -TV sets, washing machines, ACs and refrigerators

GST
Premium

GST

Viveat Susan Pinto Mumbai
Buzz of a likely rate reduction of tax on home appliances is growing louder by the day following rate rationalisation of mass-use items on November 10. 

It may be recalled that the government had slashed goods and services tax (GST) from 28 per cent to 18 per cent on products such as shampoos, deodorants, air freshners, washing powder and detergents a fortnight ago, keeping only 50 items, which includes consumer durables, in the 28 per cent bracket.

Industry sources have told Business Standard that the apex body, Consumer Electronics and Appliance Manufacturers Association (CEAMA), has since made strong representations to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in