Navratri debut of GST 2.0 sparks record sales across autos, e-comm & electronics

The GST 2.0 rollout ignited anunprecedented consumer frenzy onits first day, coinciding with the commencement of Navratri festivities.

- STATESMAN NEWS SERVICE

With simplified slabs and steep price cuts, the GST 2.0 drove record sales across sectors. Car dealerships, e-commerce platforms, and electronics stores reported historicnumbers as consumers rushed to take advantage of reduced prices.

The automobile industry emergedas the standout winner. Under GST 2.0, smaller sub-4 metre cars were shifted to the 18 per cent tax slab, and the compensation cess on automobiles was scrapped entirely.