ITC to pass on full benefits of GST rate cuts across FMCG portfolio
Business 18 Sep, 2025

ITC to pass on full benefits of GST rate cuts across FMCG portfolio

Business To Business, Kolkata, 18 September 2025: On Thursday, ITC Ltd announced its commitment to fully pass on the advantages derived from the government’s progressive Goods and Services Tax (GST) rate rationalization to consumers across its extensive portfolio of fast-moving consumer goods (FMCG).
 
These reforms have been profoundly transformative for both consumers and enterprises, simplifying compliance procedures and fostering economic growth, stated B. Sumant, the company's Executive Director.
 
“The GST rate rationalization across diverse sectors is poised to deliver tangible relief to consumers by enhancing affordability, thereby stimulating consumption, and bolstering investment, growth, and employment. At ITC, we shall ensure that the full benefits of the GST rationalization are reflected across all applicable product categories,” Sumant affirmed.

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