India, Sept. 19 -- VMPL

Bengaluru (Karnataka) [India], September 19: Stovekraft Limited, India's leading manufacturer of kitchen appliances and cookware, has welcomed the Government's revised Goods and Services Tax (GST) framework. The company described it as a timely step that makes everyday kitchen essentials more affordable while giving a strong boost to industry growth during the festive season.

Under the revised rates, consumers will enjoy lower prices across a wide spectrum of household products. Pressure cookers, the complete cookware range, stainless steel utensils, and single-wall water bottles have all been moved to a reduced tax bracket. For instance, cookware that earlier attracted 12% GST will now be taxed at just 5%, trans...