Delhi traders welcome GST rate cut, raise concerns over refunds

Traders across Delhi on Monday termed the new GST rates a festive relief for consumers, even as some associations flagged concerns over refunds and implementation.

- OUR CORRESPONDENT

The GST Council, comprising the Centre and states, decided to reduce tax rates on about 375 goods and services, from September 22 -- the first day of Navaratri.

GST rate on several essential goods and services has been brought down to 5 per cent or even zero. Lifesaving drugs are now tax-free, while other medicines will attract just 5 per cent. For farmers, too, GST has been reduced to 5 per cent or nil. Educational materials that earlier carried 12 per cent GST have been exempted.

Amit Gupta, general secretary of the New Delhi Traders Association (NDTA), said the move has brought relief to both traders and consumers.