The Government Of India is all set to impose central taxation system called the GST (Goods and Services Tax) and dealers and retailers are busy in lining up the sequence of discounts, deals and offers to clean out the stocks before the imposition of high tax rates to manage profits and sales. Actually, after imposition of GST, the tax rates will be increased a bit, and the dealer or seller will have to cut this increased cost cutting from his margin. So despite selling at fewer margins, the vendors are trying to sell out everything at a good discount. You will be soon seeing a lot of Pre-GST offers and discounts near you very soon.
Electronics, Automobile, and direct consumer durable, retailers are ready with a lot of deals and discounts to lure you to the showrooms and marketplace. A variety of products and convincing discount rates will be visible until June 30, 2017. Electronics and Electrical goods will suffer a drastic price change after GST are implemented and this time seems to be the most optimum time to purchase new electronics and dusk out old and not working equipment and gadgets.
Pre-GST Offers Lined Up Presently:-
Paytm Pre-GST Sale- Paytm is already giving up to 15% cashback on further discounted price of various smartphones of Vivo, Oppo, and Micromax. Moreover, special offerings include up to 25% cashback on Intex and Gionee Smartphones and electronic gadgets. You will find TV’s, refrigerators, air conditioners, washing machines and other household items. However, the discounts are expected to vary, based on the life of the stock and its cost price. The Paytm Pre-GST sale showcases a significant amount of savings on iPhone purchases with good cashback and discounts.
Cars And Bikes- With the GST tax slab for vehicles and luxury bikes set at 28% with some additional cess, it is an ideal period for purchasing a car or bike. It has come to light that several car manufacturers such as Hyundai, Mahindra, Honda, and Ford are offering hefty discounts on select models to clear old stocks. Apart from these cars, others that have been discounted are Eon, Grand i10, Verna, and the Hyundai XCent will be available.
Clothes And Apparels- Shopping freaks will be pleased to know that their favorite brands are also under the influence of pre-GST discounts and offers. Brands such as Puma, Allen Solly, and Van-Heusen have planned to increase discounts ranges or offering freebies for goods purchased. Several other brands like Vero Moda, Charles, Arrow, and Kieth, Chemistry, Forever 21 are also offering discounts to shed off old stocks. If you are an online shopper, discounted options on e-commerce giants such as Flipkart and Myntra are as high as 50% of some famous brands and products.
So what are you waiting for, get out with you savings and extract the best from all Pre-GST offers available to you right now. Do share any significant place or important commodity you are investing or buying to take full advantage of GST implementation. We would love love to reply to your comments in the comments section below.