Overview

• New GST rates move to two primary slabs of 5% and 18%, with analyses indicating a larger share of urban household spending shifting into the nil or 5% bands.
• Retailers in Hyderabad report uncertainty over revised MRPs and handling of existing stock, while officials instruct shops to post updated price lists and warn of action for not passing on cuts.
• Legal Metrology rules permit dual price declarations on old packaged stock through Dec. 31, 2025, easing relabelling but creating cash-flow strain for smaller outlets.
• Agriculture Minister Shivraj Singh Chouhan orders farm-equipment makers to pass through the cut to 5% GST, citing tractor savings of about ₹41,000–₹63,000 and reductions on implements such as transplanters and threshers.
• Suzuki Motorcycle India will reduce ex-showroom prices across scooters and bikes by up to ₹18,024 from Sept. 22 and lower spare-parts prices, as Crisil pegs the annualised revenue impact of rate cuts at roughly ₹48,000 crore but manageable, with e-commerce delivery newly taxed at 18%.