Godrej and Nestle reduce the price of their products
Posted on: 23/Nov/2017 5:01:43 PM
Leading product manufacturers Godrej and Nestle have taken a decision to pass on the benefit of the reduced GST to the buyers. Godrej will reduce the product prices by 7% to 10%. Nestle has also announced that it will reduce the prices of Chocolates, noodles, coffee, etc.
Earlier, FMCG manufacturers ICC, Dabur, HUL, Marico and a few others have implemented the price reduction of their products from 15th November.
A few weeks ago, the GST (Goods and Services Tax) Council had reduced the GST slabs for 178 products.
