GST cut call takes wind out of sales: Decade-low slump to be offset by surge after September 22 rollout, hope companies

Sales of cars, electronics, and apparel have significantly declined. This drop happened after the Goods and Services Tax (GST) rate cut announcement. Consumers and retailers are delaying purchases. They are waiting for the September 22 rollout. Major retailers experienced a sharp decrease in sales. They anticipate a surge in demand after the GST implementation.