GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities

2025-09-22 05:30:13 pm | Source: Kotak Securities Ltd

GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities

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Below the GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities

“The GST rate cut on room ACs, from 28% to 18%, brings them at par with other home appliances. Room AC demand in H1FY26 has been impacted on account of weak demand amid early monsoon, high channel inventory and deferred demand. GST rate cut coupled with pre-buying ahead of new energy norms will likely support Room AC demand in Q3FY26.”

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GST implementation quote on Consumer Durable Sector by Arun Agarwal, VP-Fundamental Research, Kotak Securities

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