Mumbai, Sept. 14 -- India's top consumer goods makers, including Hindustan Unilever Ltd, P&G and L'Oreal, have sent out communication to general trade partners regarding the lowering of goods and services tax (GST) on household items.

The rate cut, effective 22 September following the GST Council's 56th meeting, has led to fast-moving consumer goods (FMCG) majors communicating offers and changes to distribution networks, highlighting price changes and also outlining the transition to the new rates.

L'Oreal India informed its trade partners that from 22 September, the GST on shampoos and face powders will fall to 5% from 18%.

"Invoicing up to 21 September will continue to be processed at the current GST rates," per a communication sent ...