Welcome to change in GST rates
Stover Limited is a leading kitchen tool and cookware manufacturer in India. This company revised the government Goods and Services Tax (GST) Has welcomed the new slab of. The company has described it as a proper step taken at the right time. The company said that this will make everyday kitchen needs more economical and will boost industry growth during the festive season.
It has been said by the company that under the revised rates, consumers will be able to buy different types of domestic products at low prices. Pressure cooker, full range of cookware, stainless steel utensils and single-wall water bottle- all these items have been reduced. For example, the cookware on which 12% GST used to be used earlier, will now levy only 5% GST, which will save the families good.
Our efforts should be made to customers- Rajendra Gandhi
Rajendra Gandhi, Managing Director of Stover Limited, said- “We are committed to ensure that the full benefit of this deduction in GST should reach our customers. The goal of Stovkraft has always been providing reliable and affordable kitchen solutions for every household.
Kitchenware sector also already strong- company
With this amendment, kitchen items are now not only more economical but also a comprehensive kitchenware sector – which makes the festivals celebrated easier, enjoyable and more inclusive for the families of the overall India. “
The company has confirmed that the rates will be fully implemented by revising the prices of its products, so that customers will get immediate benefits of low cost during festive purchases.
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