A week after the implementation of the revised GST rates on products, its pass-through remains uneven and slow, a new survey by LocalCircles, a social media platform, said.
Uneven relief: Vehicles outperform essential goods
Just 1 in 10 consumers received the full benefit of GST rate reduction on packaged food and medicines , while 3 in 10 consumes received the same on appliances. In vehicles, the GST pass-through was better, with 7 in 10 consumers saying they received the full benefit of rate reduction on bookings or purchases.
Survey demographics and methodology
LocalCircles had conducted a nationwide survey to arrive at the findings, receiving over 78,000 responses from over 27,000 consumers in 332 districts of India. 66% respondents were men; 34% respondents were women. 43% r