04/09/2025
*GST Rationalisation 2025 Summary*
🛒🛍️ *FMCG*
▶️ *GST cut from 18% to 5%:* Hair oil, Shampoo, Toothpaste, Toilet soaps, Shaving cream and Toothbrushes, Chocolates, pastry, cakes, biscuits
*Key beneficiaries:* HUL, Godrej Consumer, Colgate-Palmolive, Gillette, Marico, Dabur, Nestle, Britannia, Mrs Bectors
▶️ *GST cut from 18% to Nil:* Bread
*Key beneficiaries:* Mrs Bectors, Britannia
▶️ *GST cut from 12% to 5%:* Pasta, Noodles
*Key beneficiaries:* Nestle
🍶 *Dairy*
▶️ *GST cut from 18% to 5%:* Ice cream
*Key beneficiaries:* Dodla Dairy, Vadilal, Sheetal Cool
▶️ *GST cut from 12% to 5%:* Condensed Milk, Butter, Ghee, Cheese and Dairy Spreads, Pre-packaged Namkeens, Bhujia & Mixtures and Utensil
▶️ *GST cut from 5% to Nil:* Ultra-High Temperature (UHT) Milk, Paneer
*Key beneficiaries:* Parag Milk Foods, Dodla Dairy, Heritage Foods, Hatsun Agro, Gopal Snacks
🎨 *Stationary*
▶️ *GST cut from 12% to Nil:* Pencils, Sharpeners, Crayons and Pastels, Exercise Books & Notebooks
▶️ *GST cut from 5% to Nil:* Eraser
*Key beneficiaries:* Doms Ind, Linc, Flair Writing
🥿 *Footwear - Rs 2,500 and below*
▶️ *GST cut from 12% to 5%*
*Key beneficiaries:* Bata, Metro Brands, Relaxo Footwear, Campus Activewear, Liberty Shoes
🚧 *Building Materials*
▶️ *GST cut from 28% to 18%:* Cement
▶️ *GST cut from 12% to 5%:* Marble, Granite blocks
*Key beneficiaries:* UltraTech, Ambuja, Lodha, Godrej Properties, Oberoi Realty, etc.