THIRUVANANTHAPURAM: With the revised GST slab about to come into effect on Monday, Lulu stores announced that they will sell products at a reduced price. The new GST rate will be applied in Lulu hypermarkets, fashion, Lulu Connect and Celebrate stores. Save Big with Next Gen GST will start at Lulu stores from Monday. The new prices will also be available at Lulu Daily, Lulu Express and Fresh Market.
In Lulu Hypermarket stores, tax on chocolate, ghee, instant noodles, cookies, coffee, pasta and beauty products will be reduced from 12 per cent to 5 per cent.
Tax on electronic devices will be reduced from 28 to 18 per cent, and refrigerators, washing machines and smart TVs can be purchased. There is also a tax deduction on home appliances. In Lulu Fashion Store and Lulu Celebrate, products, including textiles and footwear, have reduced prices under the revised GST. When shopping between Rs 1051 and Rs 2625, you will get the GST benefit in the revised tax slab. As part of the revised GST announcement, Lulu stores will open from 11 am on Monday.