Consumer durables makers expect sales of TVs, refrigerators and ACs to be impacted in July- August as prices would go up 4-5 per cent under the GST regime, but hope to make good from big volumes during festive sales.
Implementation of GST may impact their trade partners due to increase in input tax. However, it could be recovered by increase in their selling prices.
via Buy TV, fridge, AC before GST rollout as prices to go up by 4-5% | Business Standard News