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AC, TV makers upbeat about sales amid signs of GST cuts

Business Standard

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August 18, 2025

High on hopes

- Sharleen D'Souza

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

According to reports, the Centre is looking to rationalise GST rates soon. Currently, these items fall under the 28 per cent GST bracket. If the two segments come under the 18 per cent GST slab, prices could immediately correct by 10 per cent and this is set to lure buyers back to the stores.

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