GENERAL14 Sept 2026
Mobile phones to get cheaper? Industry seeks GST cut from 18% to 5%
The electronics industry has asked the government to cut GST (Goods and Services Tax) on mobile phones from 18% to 5%, and wants the proposal placed before the next GST Council meeting. If approved, phones could get cheaper for buyers. Right now it is just a request, so prices stay unchanged. Wait for the Council's decision before planning purchases or pricing.
Key Statutory Highlights
- The electronics industry wants GST on mobile phones reduced from 18% to 5%.
- The industry asked the government to place the proposal before the next GST Council meeting.
- Retail inflation rose to 4.82% in August from 4.45% in July, led by food prices.
Actionable Advice for Taxpayers / Founders:Watch for the next GST Council meeting outcome. Until any rate change is officially notified, keep charging and paying GST at 18% on mobile phones.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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