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flag India cuts GST on ACs and big TVs to 18%, lowering prices and boosting sales ahead of festivals.

flag India's proposed GST reduction on air conditioners and large TVs from 28% to 18% is expected to lower prices by Rs 1,500 to Rs 2,500, boosting demand ahead of the festive season. flag Industry leaders say the move could increase market penetration, especially for energy-efficient models, with sales growth potential of up to 20%. flag Retailers report strong early demand after the new two-slab GST structure took effect, with air conditioner and large TV sales surging. flag However, uncertainty and unseasonal weather have delayed some purchases, and confusion over pricing persists at retail levels.

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