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Why decrease the lays price??

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Acha

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6,901,506 views • 1 day ago •via X (Twitter)

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In quite a few cases, a more-than-expected price reduction due to GST reforms has been passed on to end consumers. For Shampoo, GST rates have been reduced from 18% to 5%. The intended benefit was 18 to 5% which means around 11.02%. Actual Decrease in price based on average price reported by various CGST Zones is 12.36%. For Talcum powder, GST rates have been reduced from 18% to 5%. The intended benefit was 11.02% but the actual decrease in price is 11.77%. For Face powder, GST rates have been reduced from 18% to 5%. The intended benefit was 11.02% but the actual decrease in price is 12.22%. For Clinical diapers, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 10.38%. For table, kitchen or other household articles of iron, steel and copper; utensils, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 10.24%. For toys like tricycles, scooters, pedal cars etc., including parts and accessories thereof, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 8.93%. For umbrellas and sun umbrellas, including walking-stick umbrellas, garden umbrellas and similar umbrellas, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 9.19%. - Smt. Nirmala Sitharaman in New Delhi. #NextGenGST #GSTBachatUtsav
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