The reduction in GST rates has been timed well to light up the ongoing festival season (Photo by Venkatesan P on Unsplash ) Show Quick Read Summary is AI Generated. Newsroom Reviewed

It's been over three weeks since the goods and services tax has been reduced for a vast number of items. The reduction in rates has been timed well to light up the ongoing festival season.

On cue, companies across sectors have announced a reduction in the prices of goods, though some have run into logistical humps reaching consumers at new prices. This would mean prices will come down for items that have seen a GST rate cut but for some the transmission could take slightly longer than others.

Leading automakers reported a sharp rise in both bookings and sales alongside steep price cuts tied with th

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