By Martin Shwenk Leade
Copyright indiatimes
AgenciesFMCG major Dabur India
FMCG major Dabur India on Monday announced that the company is committed to passing on the benefits of reduced GST rates to its customers, making essential goods more affordable and boosting consumption.Dabur has slashed the prices of its products across its household brands including Dabur Vatika, Chyawanprakash, Real Fruit Juice, Hajmola and more.Lauding PM Modi’s decision to cut down GST rates, Dabur said, “By simplifying tax slabs and reducing rates on everyday essentials, from toothpaste to shampoos, this move brings real relief to the common man.”From Chyawanprakash to Vatika, check revised prices of major Dabur products:ProductReduction in priceNew price after GST rate cutDabur Sarso Amla oil 170 mlRs 14Rs 55Dabur Amla hair oil 450 mlRs 28Rs 207Dabur Vatika hair oil 275 mlRs 28Rs 207Dabur Vatika health shampoo 340 mlRs 39Rs 287Dabur Chyawanprakash sugar-free 900gRs 35Rs 440Real Fruit Power juice 1LRs 8Rs 122Dabur HonitusRs 9Rs 121Hajmola 120 tabletsRs 5Rs 65Dabur Red Paste 200gRs 18Rs 135″As part of the FMCG sector, we at Dabur are committed to passing on the benefits of reduced GST rates to our customers, making essential goods more affordable and boosting consumption. Let’s celebrate this step toward a more inclusive and self-reliant India,” Dabur said in a social media post.Live EventsDabur’s move follows other major FMCG companies of the country – Procter & Gamble, Emami and HUL, who have come up with new price lists post GST rate cut.As the new GST slabs come into effect from Monday, a wide range of consumer products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions will get cheaper.”From the bustling kirana shops in Ghaziabad to the hardworking MSMEs across India, the new GST reforms are a breath of fresh air,” Chyawanprash-owner Dabur said.Procter & Gamble announces rate cutP&G has slashed prices across brands like Vicks, Head & Shoulders, Pantene, Pampers (diapers), Gillette, Old Spice and Oral-B, among others. Under its shampoo segment, price of Head & Shoulders Cool Menthol (300ml) has been reduced to Rs 320 from Rs 360, Head & Shoulders Smooth & Silky (72ml) will cost Rs 79 from Rs 89. Similarly, prices of Pantene Shampoo Hair Fall Control and Pantene Shampoo Deep Repair (340ml) have been reduced to Rs 355 from Rs 410.In its revised price list, P&G India also slashed prices in its Baby Care portfolio, where GST on diapers is going down from 12 per cent to 5 per cent and GST and Baby Wipes from 18 per cent to 5 per cent. The FMCG company announced that a Gillette Shaving Cream Regular (30gm) will cost Rs 40 from Rs 45, Gillette Shaving Brush to Rs 75 from Rs 85 and Old Spice After Shave Lotion Original (150ml) from Rs 320 to Rs 284.Hindustan Unilever announces rate cutHindustan Unilever also announced that it will reduce prices of its consumer product range, including Dove shampoo, Horlicks, Kissan Jam, Bru Coffee, Lux and Lifebuoy Soaps.One of the leading FMCG majors of the country has reduced the prices of Dove Hair Fall Shampoo (340 ml) from Rs 490 to Rs 435 and Dove Serum Bar (75gm) from Rs 45 to Rs 40. Clinic Plus Strong & Long Shampoo (355 ml) will cost Rs 340 from Rs 393 and Sunsilk Black Shine Shampoo (350 ml) will cost Rs 370 from Rs 430.Alongside Horlicks Chocolate and Boost, the company slashed BRU coffee prices to Rs 270 from Rs 300.The 56th GST Council decided to reduce taxes on most of the common-use goods as part of the government’s measure to boost consumer spending.Add as a Reliable and Trusted News Source Add Now!
The new structure of Goods and Services Tax (GST) has two slabs of 5% and 18% instead of the current four slabs of 5, 12, 18 and 28%.(You can now subscribe to our Economic Times WhatsApp channel)
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