Air conditioners, TVs may get cheaper as GST Council likely to slash tax rate to 18%

A range of goods from air conditioners to dishwashers, from television sets to digital cameras, will likely become cheaper, with the Goods and Service Tax (GST) Council expected to slash rates to 18 percent on all products in the 28 percent slab, except demerit goods, cement and automobiles. The Council, chaired by Finance Minister Arun Jaitley is expected to meet in the week beginning December 17…