In a move set to reshape the consumer electronics market and bring a much-anticipated festive cheer, the GST Council has announced a major rationalization of tax rates on a wide range of electronic goods. This landmark decision, a key component of the new “Next-Generation GST” reforms, will see the steepest 28% tax slab on products like televisions, air conditioners, and dishwashers largely phased out. The revised, simplified tax structure, which will primarily feature 5% and 18% slabs, is expected to lead to significant price reductions, making high-value household appliances and other electronic items more accessible and affordable for a broader consumer base just in time for the Diwali season.
RECOMMENDATIONS FOR CONSUMER ELECTRONICS
(28% to 18%)
| S. No. | Chapter / Heading / Sub-heading / Tariff item | Description of Goods |
| 1. | 8415 | Air-conditioning machines, comprising a motor-driven fan and elements for changing the temperature and humidity, including those machines in which the humidity cannot be separately regulated |
| 2. | 8422 | Dish washing machines, household [8422 11 00] and other [8422 19 00] |
| 3. | 8528 | Television sets (including LCD and LED television); Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receiver or sound or video recording or reproducing apparatus, set top box for television and Television set (including LCD and LED television). |
Note: The recommendations of the GST Council have been presented in this article containing major item of decisions in simple language for information of the stakeholders. The same would be given effect through the relevant circulars/ notifications/ law amendments which alone shall have the force of law. The author is not promoting or confirms or guarantee the final decision of the government to implement these recommendations and same shouldn’t be a cause of action against author to held responsible for any loss by using this information.
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