GST rollout: Shoppers make merry as retailers slash prices up to 40%
Retailers have began destocking of old inventories to minimise losses post the GST implementation. The prices of consumer electronics may go up 3-5% post GST and so retailers both offline and online have started offering discounts up to 40% on these goods.
The usual discounts offered by retailers around the time of festivity would range between 10 to 15%. GST has increased discounts up to three times. Image Source: Vijay Sales official website