Govt Monitors 54 Items As GST Cuts Benefit Consumers

2025-10-18 05:04:36

(MENAFN- Kashmir Observer)
PC-X @FinanceMinistry

New Delhi – Finance Minister Nirmala Sitharaman on Saturday said the benefits of GST reforms are reaching consumers in the form of reduced prices.

Addressing a press conference on GST Bachat Utsav, she said the government has been monitoring price cuts in 54 items across the country since the lower GST rates came into effect on September 22.

“GST rate reduction has resulted in increase of purchases. The consumption drive will continue,” Sitharaman said.

“We are convinced that on every such items benefits are being passed on by companies,” she added.

In case of some items, businesses have passed on to consumers higher than the weighted-average GST rate cut benefits.

Sitharaman said the Department of Consumer Affairs has received 3,169 complaints related to non-reduction in prices commensurate with GST cut. Of this, 3,075 complaints have been forwarded to nodal officers in the Central Board of Indirect Taxes and Customs (CBIC). Total 94 complaints have been resolved by the department.

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