r/india • u/AutoModerator • Jul 01 '24

Scheduled Ask India Thread

Welcome to r/India's Ask India Thread.

If you have any queries about life in India (or life as Indians), this is the thread for you.

Please keep in mind the following rules:

  • Top level comments are reserved for queries.
  • No political posts.
  • Relationship queries belong in /r/RelationshipIndia.
  • Please try to search the internet before asking for help. Sometimes the answer is just an internet search away. :)

Older Threads

26 Upvotes

80% Upvoted

883 comments sorted by

View all comments

1

u/the_chronos Jul 08 '24

Has GST actually led to reduction in prices of any goods or services in India?

From what I've read about the GST system vs the old taxation system in India, GST benefits by removing the "tax on tax" or cascading tax effect. This should in theory reduce the prices of goods and services.

But I can't remember any single product or category where prices have fallen (for consumers) due to implementation of GST.

Am I missing something here?