7 months ago
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Finance Minister Nirmala Sitharaman connected Saturday (October 18, 2025) said the benefits of GST reforms are reaching consumers successful the signifier of reduced prices.
Addressing a property league connected GST Bachat Utsav, she said the authorities has been monitoring terms cuts successful 54 items crossed the state since the little GST rates came into effect connected September 22.
"GST complaint simplification has resulted successful summation of purchases. The depletion thrust volition continue," Ms. Sitharaman said.
"We are convinced that connected each specified items benefits are being passed connected by companies," she added.
In lawsuit of immoderate items, businesses person passed connected to consumers higher than the weighted-average GST complaint chopped benefits.
Mr. Sitharaman said the Department of Consumer Affairs has received 3,169 complaints related to non-reduction successful prices commensurate with the GST cut. Of this, 3,075 complaints person been forwarded to nodal officers successful the Central Board of Indirect Taxes and Customs (CBIC). Total 94 complaints person been resolved by the department.
The section volition alteration a functionality connected the grievance reporting portal truthful that the complaints tin beryllium forwarded to the main commissioners of the respective zones from wherever complaints person travel in, the Minister said.
New little GST rates kicked successful from September 22, resulting successful slashing of prices of arsenic galore arsenic 375 items ranging from toothpaste and shampoo to cars and tv sets.
Tax rates of 5, 12, 18, and 28 per cent person been clubbed into 2 rates of 5% and 18%, resulting successful a reduced terms of 99% of regular usage items.
