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DISHWASHERS GST REDUCTION
Groaning under the wait: From chocolates to TVs, companies scramble to meet explosive demandFestive cheer has turned into a supply chain scramble. Consumers face waiting periods for electronics and cars. Manufacturers are working o...- Samsung's appliances business grows 1.3 times in Navratri, premium TV sales doubleSamsung India reported strong growth in its appliances business during Navratri, driven by GST reforms and promotional offers. Premium tele...
- Festive boom, GST relief help Samsung clock record sales of high-end smartphones, large-screen TVs in IndiaSamsung India reported record sales growth during the Navratri-Dussehra period, driven by a surge in premium smartphone and television dema...
- GST 2.0: Business as usual for electronics stores as shoppers just browseNotably, primary sales-from companies to trade-surged by a record 20-30% on Monday compared to an usual day before the festive season last ...
- Economists track GST rate cuts for impact on prices, inflation and festive demandEconomists are closely monitoring the impact of the GST rate cuts, effective Monday, on retail prices and consumer spending this festive se...
- GST relief: Companies asked to share revised prices of consumer durables, cars with consumersThe central government directs businesses to submit tentative price lists following the Goods and Services Tax reduction. These lists, cove...
- From ACs to TVs, GST bonanza likely to boost demand for premium durables ahead of festive seasonThe GST Council’s latest rate cuts will likely make premium durables like air conditioners, large-screen televisions and dishwashers signif...
- How will the recent GST changes affect different sectors of the economy?GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benef...
- AC, TV makers cheer over 10% duty cut ahead of festive season; price drop on the cardsConsumer appliance makers anticipate price reductions on large-screen TVs and room air conditioners following GST rate cuts. Televisions ab...
- Electronics items to see price cuts; ACs, dishwashers likely to see reduction of Rs 3,500-4,500 apieceAspirational consumer electronics like large-screen TVs, ACs, and dishwashers are set to become more affordable. Chief executives anticipat...
- GST cut to reduce prices of TVs, ACs & dishwashers by 8-9%Great news for consumers as prices of large screen televisions, air-conditioners, and dishwashers are set to decrease. The GST Council's de...
- GST buzz slows festive sales as India's aam aadmi awaits PM Modi's Diwali giftIndia anticipates GST rate revisions. Consumers delay purchases, expecting lower prices on cars, electronics. Festive season sales slow dow...
- Online marketplaces prep brands for GST cut ahead of festive rushFlipkart and Amazon are in discussions with brands regarding the proposed GST reduction, anticipating a potential dip in demand as consumer...
- Amid festivity, auto & electronics companies carry wait of GST on their shouldersManufacturers are concerned about a potential dip in sales. Consumers might postpone buying vehicles and electronics. They are waiting for ...
- Big GST cut may rev up demand for small cars, hatchbacks likely to attract 18% tax against 28% nowSmall cars are likely to be placed in the 18% tax slab, substantially reducing the tax burden on them, people familiar with the matter said...
- 23 goods and services to get cheaper from January 1 as reduced GST rates kick inThe GST Council on December 22 cut tax rates on 23 goods and services, including movie tickets, TV.
- GST Council meet: Here's what will become cheaper for youFM Jaitley said that the recommendations by the fitment panel were considered in today's meet.
- Tax on TV, fridge, commonly used household items came down post GST: FinMin reportThe GST has five tax slabs of 0, 5, 12, 18 and 28 per cent with daily essential items attracting 'nil' tax rates and some white goods, apar...
- Now, only 35 goods in highest tax bracket of GSTThere were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.
- Government looks to cut GST on white goodsThe official said that a part of the reason for lower levy on restaurants was also to free women from household chores.
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