ENA Sectors 2025-09-10 14:50:44 <p><span style="font-size:14px"><strong>New Delhi, Sep 10 (KNN)</strong> The recent Goods and Services Tax (GST) reforms are set to provide a significant boost to industries under the Ministry of Electronics and Information Technology (MeitY), particularly consumer electronics and ICT hardware. </span></p> <p><span style="font-size:14px">The rate reductions aim to improve affordability for consumers, strengthen domestic manufacturing.</span></p> <p><span style="font-size:14px">The GST on air conditioners, dishwashers, and large-screen televisions (LCD and LED) has been reduced from 28 percent to 18 percent. </span></p> <p><span style="font-size:14px">Officials expect the cuts to expand household demand and generate stronger backward linkages in components such as compressors, displays, and semiconductors. </span></p> <p><span style="font-size:14px">MSMEs engaged in plastics, wiring, cooling systems, LED panels, and assembly services are likely to benefit, while reduced reliance on imports will support localisation.</span></p> <p><span style="font-size:14px">The tax on monitors and projectors (non-TV) has also been lowered from 28 percent to 18 percent, a move expected to reduce costs for schools, offices, and digital learning centres. </span></p> <p><span style="font-size:14px">Similarly, the GST on electric accumulators (non-lithium-ion), including power banks, has been brought down from 28 percent to 18 percent, making energy storage solutions more accessible for households and workplaces. </span></p> <p><span style="font-size:14px">Two-way radios (walkie-talkies) now attract GST of 5 percent instead of 12 percent, lowering procurement costs for police, paramilitary, and defence forces.</span></p> <p><span style="font-size:14px">The GST on renewable energy devices and solar photovoltaic cells has been cut from 12 percent to 5 percent, which is expected to reduce the cost of solar deployment for households and industries. </span></p> <p><span style="font-size:14px">Composting machines will also attract a lower GST rate of 5 percent, down from 12 percent, encouraging waste-to-energy solutions and supporting smart city initiatives.</span></p> <p><span style="font-size:14px">By stimulating demand, reducing costs, and creating opportunities for MSMEs and start-ups, the changes are projected to generate employment, strengthen domestic manufacturing, and deepen Indias integration into global value chains.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43448 https://knnindia.co.in/news/newsdetails/sectors/gst-cuts-on-electronics-ict-hardware-to-boost-manufacturing-affordability 2025-09-10 14:50:44 knnindia.co.in