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TV Makers Slash Prices By Up To ₹85,000 Ahead Of Navaratri To Pass GST Cut Benefits To Consumers

TV Makers Slash Prices By Up To ₹85,000 Ahead Of Navaratri To Pass GST Cut Benefits To Consumers

In an effort to boost consumption, the GST Council earlier this month decided to reduce tax rates on goods and services from September 22 — the first day of the Navaratri, leading to price cuts of various items like television and other white goods. The duty on TV sets with screen size above 32 inches will reduce to 18 per cent from the existing 28 per cent.