GST 2.0 is an Important Step in Boosting India’s Value-Focused Economy: Kunal Bahl

AceVector, the parent company for Snapdeal and Unicommerce, today welcomed the Government of India’s decision to simplify and reduce GST rates, calling it a timely step that will boost consumer sentiment ahead of the festive season and encourage growth for value-focused retail and MSMEs. The company confirmed that it will work with all stakeholders to ensure that the full benefit of the new GST rates is passed on to consumers across AceVector’s businesses.

Effective September 22, 2025, the GST Council’s revised structure consolidates most goods into two primary slabs of 5% and 18%, with many everyday essentials moving into the 5% bracket. Apparel and footwear at or below INR 2,500 now attract 5% GST, alongside several household and personal-care categories. These changes are expected to make a wide basket of daily-use products more affordable for the value-conscious customers of Bharat.

Kunal Bahl, Co-founder, AceVector, said, “Lower, simpler GST is a win for Indian consumers and for millions of small businesses that power value commerce. AceVector businesses will work with all stakeholders to expeditiously pass on the benefit of these rate cuts to customers. On Snapdeal, we will work closely with our seller partners to ensure that the benefit of lower taxes is passed on to the consumers in time for the upcoming festive season. Stellaro Brands’ Rangita, will re-price its products in line with the new 5% slab.

Across the AceVector ecosystem, we are focused on enabling e-commerce for Bharat. GST 2.0 is an important step in boosting India’s value-focused economy and we are privileged to be able to support this.”