Andhra Pradesh CM Chandrababu Naidu welcomed GST Reforms while Congratulating Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman on the transformative step.
Andhra Pradesh CM Chandrababu Naidu posted on X, “We welcome the GST reforms with revised slabs across daily essentials, education, healthcare, and agriculture. This pro-poor, growth-oriented decision will benefit all sections of society, from farmers to businesses. I congratulate Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman on this transformative step. As announced by PM Modi Ji on Independence Day, these next-generation GST reforms mark a strategic and citizen-centric advancement of our tax framework, ensuring a better quality of life for every Indian.”
The GST Council, on Wednesday, after a threadbare discussion, approved significant rate cuts across multiple sectors, which the government has described as a Diwali gift for the nation. The announcements were made by Finance Minister Nirmala Sitharaman.
On the essential items front, items of daily household use will now cost less. Products such as hair oil, shampoo, toothpaste, toilet soap bars, toothbrushes, and shaving cream, which earlier attracted 18 per cent GST, will now fall under the 5 per cent bracket.
Similarly, butter, ghee, cheese, dairy spreads, pre-packaged namkeens, bhujiya, and mixtures have all seen their GST rate reduced from 12 per cent to 5 per cent.
Utensils, feeding bottles, baby napkins, and clinical diapers have also become cheaper with the rate cut to 5 per cent.
Sewing machines and their parts, previously taxed at 12 per cent, will now attract only 5 per cent GST.
Farmers and the agriculture sector stand to gain significantly from these reforms as tractor tyres and parts, earlier under 18 per cent GST, will now be taxed at just 5 per cent, while tractors themselves will also see their rate reduced from 12 per cent to 5 per cent.
The government has further slashed GST on specified bio-pesticides, micro-nutrients, drip irrigation systems, and sprinklers from 12 per cent to 5 per cent.
