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GST PANASONIC
Sony, LG slash TV prices by up to Rs 85,000 after GST rate cut; expect buyers to upscale purchases this festive seasonTelevision manufacturers in India are reducing prices by Rs 2,500 to Rs 85,000 on TVs, passing on GST cut benefits to consumers ahead of th...- Consumer appliance makers seek lower GST on large-screen TVs, air-conditioners, refrigeratorsThe consumer durables industry is of the view that these items are now household necessities and do not come under the luxury goods categor...
- Bosch, Siemens cut washing machine, fridge prices by 7-8%The government recently had decreased the GST rates from from 28 per cent to 18 per cent on 15 items, including washing machine, fridge, la...
- TV prices of 32 inch and above may go up from next monthThe manufacturers are reducing the prices of TV sets sized up to 68 cm (27 inch) by up to 8 per cent to extend the GST benefit to consumers.
- Companies to cut prices of washing machines, fridges, small appliances by 7-8% post GST cutThe GST Council had announced in reduction in rates on a number of items from 28% to 18% at its last meeting.
- Panasonic India crosses Rs 10,000 crore sales mark, expects 15 per cent plus growthThe Japanese firm posted Rs 10,200 crore sales, compared with Rs 9,600 crore it had posted in 2016-17, said Panasonic India president Manis...
- Panasonic India crosses Rs 10,000 crore sales mark in FY18The Japanese firm posted Rs 10,200 crore sales as compared to Rs 9,600 crore it had posted in 2016-17, said Panasonic India president Manis...
- Appliance makers bat for manufacturing incentives in Budget 2018The makers are also expecting tax reduction on the energy efficient 5 star and 4 star products to increase adoption by the consumers.
- FMCG,white goods makers pin hope on 2018 to erase woes of 2017Sony India Head of Sales Satish Padmanabhan also said the industry is already seeing "positive comeback signs post the implementation of GS...
- Durables shrug off slow start to log dhamaka sales in festive seasonTop cos like Sony, LG, Panasonic said sales rose during Dussehra in Sept and during Diwali period. In large cities, demand for high-value p...
- Consumer goods cos ready for festive ride, line up freebiesManufacturers, including Sony, LG, Panasonic and Haier, are pinning hopes on pent-up demand post GST after destocking by trade partners in ...
- Pre-GST buying takes a toll on festive salesCompanies said the decline is due to consumers advancing purchases during the pre-GST sales in June with retailers in a hurry to liquidate ...
- GST: Samsung reduces prices in Mumbai regionNew prices have been conveyed to dealers, according to the communication seen by TOI. A company spokesperson, however, did not confirm pric...
- GST impact: LG first durables company to increase TV pricesConfirming the development, Vijay Sales, managing partner, Nilesh Gupta, said: "LG has set the trend for price increases. This is on expect...
- GST effect: Pay more to buy home appliances from todayCompanies are getting their price list reviewed and from Monday onwards, dealers would start restocking based on GST prices.
- Phone companies cut production ahead of GST rolloutEstablished manufacturers such as Nokia, Micromax and Panasonic have completed their GST registrations, but small traders would not want to...
- Sizzling summer fails to fire up sales of refrigerators, ACsManufacturers have asked retailers to push sale of existing stock, especially older inventory that does not have excise invoices, so that r...
- GST: Panasonic for higher customs duty to thwart cheap imports"Post-GST, we have also requested the government to consider a higher import duty on CBU products which are imported," said Panasonic India...
- GST blow for consumers: TVs, refrigerators, ACs all set to cost moreConsumer electronics companies said they will pass on the additional tax burden to consumers which may lead to a temporary impact on demand.
- Budget 2015: Consumer durables industry seeks excise duty cut"Once fully implemented, GST will create a single, unified Indian market and will diminish the multiple layers of indirect taxation that pr...
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