GST cut: Most white goods get cheaper by 8%

Financial Express

Thanks to the recent reduction in the GST rate from 28% to 18%, washing machines, refrigerators and microwave ovens among a clutch of other goods become cheaper by around 8%, effective last Friday. However, despite the exemption given to sanitary napkin (it used to attract 12% GST earlier), the item’s price reduction has not been commensurate, as the nil output tax resulted in unavailability of in…

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