- Paytm says up to Rs 20,000 cashback on items in pre-GST sale
- Up to 50% off on Bluetooth speakers, footwear, accessories etc.
- GST Council last week lowered tax rates for 66 items
Paytm said its Pre-GST Sale will offer a cashback of up to Rs 20,000 on items including televisions, consumer durables, premium laptops and DSLR cameras. Also, products such as Bluetooth speakers, footwear and accessories will be sold at discounts of up to 50 per cent plus a 25 per cent cashback, it added.
Touted as the biggest reform since Independence, GST will kick in from July 1. The GST Council, chaired by Finance Minister Arun Jaitley and comprising his state counterparts, has fixed rates on a multitude of goods and services, which is set to impact prices once it is implemented.
The GST Council last week lowered tax rates for 66 items, making packaged food items (pickles, ketchup, toppings etc.) cheaper at the tax slab of 12 per cent compared with 18 per cent earlier.
Disclosure: Paytm's parent company One97 is an investor in NDTV's Gadgets 360.