In a major decision just before the festive season, the central government has revised the GST (Goods and Services Tax) structure.
The earlier 12% and 28% GST slabs have now been removed, and only 5% and 18% GST will remain. This move will reduce prices of products like ACs, TVs, fridges, washing machines, cars, and bikes.
New GST Rates Effective from September 22
The new GST rates will be applicable starting September 22, 2025. This change will directly benefit customers shopping during Navratri and Diwali.
How Much Will You Save?
Big Savings on ACs
Example: A Voltas 1.5 Ton AC was priced at ₹41,990 with 28% GST.
With the new 18% GST, the price will drop to ₹38,709.
You save ₹3,281.
Smart TVs Now More Affordable
Example: A 40-inch Smart TV currently costs ₹35,990 under the old 28% GST.
Under the 18% GST slab, it will cost ₹33,178.
You save ₹2,812.
Online Shopping Becomes Even More Rewarding
Online platforms like Amazon and Flipkart offer festive discounts every year. With the GST reduction, buyers will now enjoy a double benefit – discounts from both the platform and the government.
Relief for Middle-Class Families
This move is expected to ease the financial burden on middle-class households. Families can now purchase large appliances and electronics more easily and affordably.
Festive Sales Expected to Hit Record Highs
Market experts believe that Navratri and Diwali sales this year could break all previous records, thanks to lower prices and strong demand.
A Big Diwali Gift from the Government
This GST reduction is being seen as a festive gift from the government.
It will make both essential appliances and luxury products more affordable, helping more people enjoy a better standard of living during the festive season.