Grocery & Electronics Sales Slip 5–25% In Sept Quarter
Sales of grocery packs, electronics, and consumer durables fell 5–25% in India’s September quarter, as consumers delayed purchases despite GST cuts designed to boost demand
Sales of grocery packs, electronics, and consumer durables fell 5–25% in India’s September quarter, as consumers delayed purchases despite GST cuts designed to boost demand
Blue Tokai Coffee Roasters becomes the first specialty coffee brand in India to cut prices following GST Council reforms, passing on full benefits to customers across its 180+ cafés
Centre has come up with a dedicated category on the Integrated Grievance Redressal Mechanism (Ingram) portal, which features major sub-categories
Key products, including Ultra-high temperature (UHT) milk, paneer, ghee, butter, cheese, and milkshakes, will become cheaper in line with the revised Goods and Services Tax (GST) slab
With rates rationalised and inverted duty structures corrected, apparel and footwear players eye stronger demand and sharper pricing
The report notes that consumers may push forward purchases until the tax cuts are implemented
The body has urged the finance minister to place carbonated beverages under the 18 per cent GST slab to support small traders
The forum says that any immediate regulatory changes during this crucial period could devastate small sellers who have already committed their limited resources to festive inventory
The report notes that these reforms may directly alter demand equations for autos, staples, durables, cement, financials, and consumer services
To make up for the immediate revenue loss, some state governments are asking for a significant share in the new taxation on the tobacco products