GST on Footwear – Easier Said Than Done By Deepak Kohli The GST Council’s latest decision looks like a festive gift for footwear buyers: from 22 September 2025, GST on footwear priced up to ₹2,500 drops from 12% to 5%. On paper, that’s a clear consumer win. On the ground, however, the story isn’t quite so neat. Brands: The […]
The Department of Consumer Affairs has permitted manufacturers, packers, and importers to revise the maximum retail price (MRP) of unsold stock following changes in GST rates bringing much-needed relief to both companies and consumers. This move, effective September 9, 2025, aims to smoothen the transition for the industry while ensuring consumers benefit from lower tax rates.
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