GST 2.0: September 22, many electronic devices will be subject to the new GST rates that the Indian government just said would be reduced. Many items, including TVs, air conditioners, refrigerators, and washing machines, will become more affordable as a result.
GST 2.0: Today, September 22, many electronic devices will be subject to the new GST rates that the Indian government just said would be reduced. Many items, including TVs, air conditioners, refrigerators, and washing machines, will become more affordable as a result. Experts think that this choice, which was made right before the holidays, might greatly increase market sales. The price reduction will also have a major positive impact on consumers.
Refrigerators and TVs get cheaper
Electronic devices that were previously subject to a 28 percent tax have been moved to the 18 percent tax slab following the reduction of GST slabs. These consist of refrigerators, TVs, vacuum cleaners, washing machines, and coolers. Their prices will also drop by 8 to 10 percent as a result of the tax cut.
These electrical goods have a lower GST.
Many products, including as TVs, air conditioners, washing machines, refrigerators, air coolers, vacuum cleaners, microwaves, mixer-grinders, juicers, and mobile accessories, have seen price reductions due to the fall in GST rates.
How much will tv price?
32-inch televisions will only be subject to 18% GST once the new rates take effect. This implies that TVs from companies like LG, Samsung, Xiaomi, and Realme are now available for much less money. Also, TVs with 43-inch or larger screens will get cheaper, allowing customers to enjoy a movie theater experience at home.