Get In Touch

From tax cuts to fast carts: GST 2.0 fuels Premium Online Shopping!

    Share on

With the launch of GST 2.0 on September 22, India’s e-commerce platforms Amazon and Flipkart have seen a remarkable surge in sales. The simplification of tax slabs and price cuts across categories have attracted buyers who are now indulging in premium purchases, including high-end smartphones. 

Quick-commerce (or “q-commerce”) offerings like Flipkart Minutes have also benefited, delivering everything from basic essentials to expensive electronics in minutes. The combination of reduced GST, festive sales, and speed of delivery has made premium devices more accessible and tempting to many consumers.

Meanwhile, e-commerce platforms are working to ensure sellers update product tax codes and pass on the benefits of lower GST rates to end users, while also expanding logistics and fulfilment capabilities. As a result, the early days of GST 2.0 feel not just like a policy change, but a strong boost for consumer sentiment, especially among those eyeing premium purchases.

Post a comment

Your email address will not be published. Required fields are marked *

GST 2.0 slashes prices, Makes essentials tax-free!

GST 2.0 slashes prices, Makes essentials tax-free!

GST 2.0 revamps tax slabs: TVs, cement, vehicles drop from 28% to 18%, staples like...
Gold hits new highs : What should investors do now?

Gold hits new highs : What should investors do now?

Gold has jumped over 40% since December 2024 driven by ETF inflows, speculative bets, and...
Analysts spot mid-caps with 25%+ rally potential!

Analysts spot mid-caps with 25%+ rally potential!

Market breadth is driving optimism in mid-caps. Analysts expect rally ahead of GST clarity, as...
New Bill says no more cash in online gaming!

New Bill says no more cash in online gaming!

India may soon ban all money-based online gaming transactions under a proposed Online Gaming Bill,...
Pay Commission: Who decides government salaries in India?

Pay Commission: Who decides government salaries in India?

The Pay Commission reviews central government salaries, allowances, and pensions every decade, balancing fairness for...
AU's SFB to Universal bank journey explained!

AU's SFB to Universal bank journey explained!

Small Finance Banks can become Universal Banks if they meet RBI thresholds: ₹1,000 crore net...

Login

Don’t you have an account ?

Register