Updated: Mon, 22 Sep 2025 06:00 am (IST) The government ordered the benefit of GST rate cuts to clients from September 22, or eating and drinking items. Personal life and health insurance will not be attached to GST. Retailers got time to remove old shares, but sales should only be made at lower prices. Rajiv Kumar, New -Delhi. Many shop owners in the market also discuss that they are allowed by the government by March next year to clean up the government and that customers will gain the benefit of GST deduction. Remove the ad, just read the news, but it has been made clear at the indirect tax department that customers should give the benefit of GST cuts from September 22 themselves. Whether it is food and drinks or medicines and equipment associated with it. The goods whose GST tariffs have been reduced will have to be sold at a lower price from Monday. There will be no GST on life and health insurance that can be purchased separately from Monday. Earlier, 18 percent GST was imposed on them. According to the government, GST was cut on more than 50 general medicines and from September 22, drug shopkeepers were asked to place or place a separate price list of the medicine outside the store. The government has enabled retailers to clear the stock of medicine or other full -loses of full -loses so that they do not have to return the object of the store to change the price on the article, but they must sell the items at a reduced price. The government gave no postponement in it. If the shop owner does not, customers can complain about the Ministry of Consumers’ website. Many car businesses have already reduced prices. The government believes that the cost of GST rates will reduce the prices of many electronic goods to 10 percent, while the price of car and scooters will lower by up to 12-15 percent. It is feared that shop owners who sell food items will hesitate to give customers the benefit. Currently, 12 percent GST is charged with packed food items, which will now be five percent. At present, they will have to pay the benefit of this seven percent GST cut. Later in the new package, companies can compensate by increasing the amount. There will also be a decrease in inflation, more than 400 items will be cheaper due to the reduction in GST, about 300 items are related to each day. These items play an important role in solving retail inflation. Economic experts estimate that this deduction will help reduce retail inflation in the current financial year 2025-26 by 25-30 basis points. In the next financial year 2026-27, this cut in GST will reduce the retail inflation by up to 40 basis points. The average GST rate of all goods in 2017 was 14.4 percent. The average rate of GST rate in 2019 reduced the average rate to 11.6 percent. In 2025, the average GST rate will be reduced from September 22 to 9.5 percent. Good news for railway passengers, now water will be cheaper, new prices of railroad apply tomorrow
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