I want to know thatWhat about my shopping bills and prices of branded clothes and electronics? Will prices go up?

Essential commodities such as vegetables, fruits and pulses will remain untaxed under the GST. Prices of small-ticket purchases like toothpaste should attract a lower rate of 12% compared to consumer appliances (such as refrigerators and air conditioners), explained Jaising. “The prices of fast-moving consumer goods could actually drop because currently they are being taxed at a higher rate, and companies would also pass the benefits they get from tax credits to the final consumer,” Jaising said.