New Delhi, Oct. 18 -- Finance Minister Nirmala Sitharaman on Saturday said that the GST rate reduction implemented last month has been received well by Indians, and businesses have passed on higher-than-expected rate cuts to consumers across the country.

The Finance Minister was speaking at a press conference on the GST rate cuts that were implemented on Navratri by the centre.

"GST rate cut benefits have been reaching the common man since September 22," Sitharaman said, addressing reporters at the joint press conference today in the national capital.

In quite a few cases, a more-than-expected price reduction due to GST reforms has been passed on to end consumers, she said.

The list of such items include table, kitchen and other house...