GST rate cuts: FMCG giant ITC to pass on ‘full benefit’ to customers across portfolio — Details here

GST ratio deductions: On Thursday, September 18, 2025, the fast -moving consumer goods (FMCG) Giant, ITC LTD, announced that the company decided to provide full benefit to its customers after the company’s central government decided to renew the current tax structure in the economy.

ITC General Manager B Sumant said that reforms are “transformative for both consumers and businesses” and support growth by alleviating compatibility.

Suman said, “GST rate in various sectors will certainly relieve consumers by strengthening growth and employment by strengthening growth and employment.

The company said that FMCG businesses reach approximately 7 million retail stores in India and cover a wide range of categories and products.

“The necessary steps are being taken to inform consumers about the subsequent benefits, Sum said Suman.

At the 56th meeting of the Central Government, the GST Council, dated September 3, 2025, announced that the committee suggests that India had two GST tax signs, one 5% and the other, one of which is 5% and the other 18%.

The renewed GST structure will be valid as of 22 September 2025.

Automatic price cuts

Automobile companies such as Maruti Suzuki announced their own price cuts due to the ratio rationalization movement of the GST Council. India’s largest automobile manufacturer is currently taking advantage of the four -meter lower automobile segment, which is currently a large part of the company’s portfolio.

Mint Previously, Maruti has reported that Suzuki was set to build passenger cars. LaAs of 22 September 2025, 1.29 Lakh cheaper, the renewed GST structure will come into force on the same day.

Mahindra & Mahindra in the automotive sector, Tata Motors, TVS Motor Co., Yamaha, Honda Cars, Hero Motocorp. Other companies, such as the GST ratio is among the other companies that explain the price cuts in the old showroom prices of vehicles after the decrease in the Indian economy.