The Goods and Services Tax (GST) Council has delivered a big relief for consumers by slashing GST rates on high-value electronic appliances, making them more affordable for households ahead of the festive season.
Appliances moved to 18% GST slab
In its latest Next-Gen GST reform announcement, the Council reduced the tax burden on several widely used electronics.
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Air conditioners: Down from 28% to 18%
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Televisions above 32 inches, including LED & LCD TVs: Reduced from 28% to 18%
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Monitors and projectors: Cut from 28% to 18%
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Dishwashing machines: Brought down from 28% to 18%
This significant rate cut is expected to make these products more accessible to middle-class households and stimulate demand in the consumer durables sector.
Boost for the appliance industry
Industry experts believe this decision will drive sales volumes during the upcoming festival season, especially for air conditioners and larger television sets that were previously taxed at the highest slab. By bringing them under the 18% slab, the government aims to strike a balance between affordability and revenue.
Reform part of wider GST revamp
The move is part of the Council’s wider rationalisation exercise, which has reduced rates on essentials, healthcare items, education supplies, and even automobiles. The aim, according to the government, is to “make GST better and simpler,” ensuring benefits directly reach the common people while boosting economic activity.
