GST 2.0: Acs Cheaper By ₹4,700, Dishwashers By ₹8,000

New Delhi- Leading appliance makers have reduced prices of room air conditioners by up to Rs 4,500 and on dishwashers by up to Rs 8,000, with new rates set to be rolled out from Monday as companies extend GST benefits to consumers.

The companies, in turn, are expecting a double-digit increase in sales during the festival season, with Navratra starting this week.

Leading players, such as Voltas, Daikin, Godrej Appliances, Panasonic, and Haier, have already come out with a new revised price list, which will be applicable from Monday, September 22, when the revised GST rates take effect.

Some AC manufacturers, along with their dealers, had started pre-booking of units at reduced prices, anticipating pent-up demand as lower GST rates take effect next week, and are quite buoyed by the initial consumers' response.

Besides room AC, they have also extended GST benefits to their variable refrigerant volume (VRF) air conditioners, which are meant for large buildings or small commercial setups, along with light commercial air conditioners (cassette type split AC) and tower AC.

Godrej Appliance is reducing MRP ranging between Rs 8,550 and Rs 12,450 on cassettes and tower ACs. While on split AC inverter MRP reduction is ranging from Rs 3,200 to Rs 5,900.

Haier has reduced MRP of its Gravity (1.6 ton inverter) AC by Rs 3,905 to Rs 46,085 and Rs 3,202 on Kinouchi AI (1.5 ton 4 star) AC to Rs 37,788.

Earlier this month, the GST Council had decided to reduce duty on air conditioners and dishwashers from 28 per cent to 18 per cent.

Leading RAC maker Voltas has reduced MRP of its fixed speed window AC to Rs 39,590 from Rs 42,990 and its inverter window AC to Rs 43,290 from Rs 46,990.

Daikin's 1 ton 5-star inverter split AC MRP has been slashed to Rs 18,890 from Rs 20,500.

Its 1.5-ton 5-star inverter split AC, which was costing at Rs 73,800 has been slashed to Rs 68,020 and its 1.8-ton 5-star inverter split AC has been slashed to Rs 84,980 from Rs 92,200.

MRP of Daikin's 1.0 Ton 3-star hot & cold inverter split AC has been slashed to Rs 46,730 from Rs 50,700 and its 1.5-ton 3-star hot & cold inverter split AC has been slashed to Rs 56,500 from Rs 61,300.

LG Electronic has reduced prices on its entry level 1 ton 3-star inverter split AC to Rs 32,890 extending a GST benefit of Rs 2,800. MRP of LG's 1.5 ton inverter split AC has been reduced by 3,600 to Rs 42,390. It has cut 2 ton split AC prices by Rs 4,400 to Rs 55,490.

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