The Centre is monitoring whether the GST rate cut benefits on FMCG items are being passed on by e-commerce platforms, government sources said on Tuesday. Amid complaints of inadequate price reductions for daily essential items sold on some e-commerce platforms, sources said the field formations are monitoring the price changes.
“We are monitoring the price changes. Field formations are monitoring, and we will get
the first report from them by September 30,” a source said. “We do not want a knee-jerk reaction to such complaints,” the source said.
Effective September 22, Goods and Services Tax (GST) has become a two-tier structure of 5 and 18 per cent. The earlier rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.