Mukesh Ambani Praises GST Reforms, says Reliance Retail will Immediately Pass on Benefits to Customers

The Union Government has introduced a new GST structure that reduces the number of tax slabs. The earlier five-tier system has been collapsed into 2 rates of 5% and 18%, with a special 40% levy on luxury and sin goods such as tobacco and cigarettes. The revised regime will take effect on September 22, just ahead of the festive season.

Essential Items Shifted to Lower Brackets

Several household staples have been moved to lower or zero tax categories. Items like UHT milk, packaged paneer, and breads such as roti, paratha and pizza bread will now be exempt from GST. Goods earlier taxed at 12–18%, including butter, ghee, cheese, pasta, snacks, chocolates, dried fruits, shampoos and toothpaste, will now attract only 5%.

Reliance Industries’ Response

As per news reports, Reliance Industries Chairman and MD Mukesh Ambani welcomed the announcement, calling the reforms a step that will reduce inflation and support consumption growth. He said the new structure simplifies business operations while making products more affordable for households.

Reliance Retail’s Implementation Plan

Reliance Retail stated that it will pass on the benefits of lower GST rates to customers from the first day of implementation. Executive Director Isha Ambani confirmed that the reductions will be reflected across all its consumption baskets. She emphasised that the company’s approach is to ensure that whenever costs fall, the impact reaches consumers without delay.

Read more: Reliance Retail Writes Off ₹1,645 Crore Dunzo Investment After Cash Burn, Losses!

Wider Impact on the Economy

The reforms are expected to benefit stakeholders across the retail value chain, from farmers and small suppliers to kirana stores and end-consumers. By lowering costs and simplifying compliance, the government aims to stimulate demand and improve ease of doing business across sectors.

Conclusion

Reliance Retail’s pledge to immediately transfer the benefits of the new GST regime positions consumers to experience lower prices on a range of goods from September 22, 2025.

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