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By Staff Writer in Media News on Monday, 21st September 2026 at 3:37pm
Monday, 21 September 2026
#1 · Times Business · Data story / In-depth feature
One year on, commodity prices eat into gains from GST rate rejig
By Aabhas Sharma, Asmita Dey, Rupali Mukherjee · The Times of India, New Delhi · Page Page 18
A year after India's GST rationalisation, the initial consumer benefit from rate cuts has been significantly eroded by higher commodity, energy and logistics costs tied partly to the West Asia conflict. Automobiles remain the clearest winner with retail sales up 20% in 11 months, while FMCG companies have clawed back roughly 6-7% price increases after initial cuts, and apparel has been net negative due to a GST hike on garments priced above Rs 2,500. Granular price data across product categories from Maruti, Mahindra, HUL, Ne...
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