GST Slashed To 5%: Sweet Shops, Bakery Owners Welcome Major Relief

GST rates on sweets and related items have been significantly reduced, bringing relief to both consumers and small business owners. NDTV spoke to a sweet shop owner, who welcomed the move, highlighting that many items which were previously taxed at 12%, 18%, or even 40% are now down to 5% GST. This includes dry fruits, bakery goods, and packed namkeen. The price cuts, driven by lower taxes, are already being passed on to customers, making everyday treats more affordable.