India launches next-generation GST Bachat Utsav, taxes cut on essentials, medicines, appliancesIndia’s next-generation GST, “GST Bachat Utsav,” was implemented, cutting taxes on over 370 items, including essentials, medicines, appliances, and toiletries. By IANS Published Date - 22 September 2025, 12:59 PMNew Delhi: India’s revamped Goods and Services Tax system, dubbed next-generation GST or “GST Bachat Utsav”, was implemented on Monday, reducing taxes on around 370 products, including daily essentials and lifesaving medicines. Medical devices, such as diagnostic kits and glucometers, now incur a GST of just 5 per cent. GST on kitchen appliances and electronics, including air conditioners, televisions, washing machines, and dishwashers, has been reduced to 18 per cent from 28 per cent. Cigarettes, bidis, pan masala, gutka, and other tobacco products are subject to the highest tax rate, along with aerated beverages such as Coca-Cola, Pepsi, and Fanta.