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GST on instant coffee to drop from 18% to 5%
Starting September 22, instant coffee and related products in India will get much cheaper—GST is dropping from 18% to just 5%.
Producers, processors, and retailers to benefit
With lower taxes, producers, processors, and retailers all stand to benefit from reduced costs and a fairer playing field.
The change could also give a boost to India's growing coffee culture by making it easier for more people to enjoy their daily brew.
What about your daily brew?
If you love grabbing your coffee at supermarkets or cafes, expect price cuts soon—just in time for the festive season.
Retailers might have some short-term stock adjustments if they bought inventory under the old tax rate, but overall, this GST cut should mean more affordable coffee and a little extra room in your budget.