New GST Rate

*Sector wise impact on Stocks*
📌 GST Council – 56th Meeting Highlights & Market Impact (Sep 2025)

🚗 Autos (2W & Small Cars)
• GST reduced 28% ➝ 18% → Strong demand revival
• Key Beneficiaries: Hero *MotoCorp, Maruti, M&M, Ashok Leyland, TVS*

🥫 FMCG & Essentials
• GST cut 18%/12% ➝ 5% → Organised players to gain, consumption uptick
• *Key Beneficiaries: HUL, Britannia, Nestle, Dabur, ITC, Varun Beverages*

🥛 Dairy Products
• GST on ghee, butter, paneer reduced to 5%/Nil → Favourable for branded players
• Key Beneficiaries: *Parag Milk Foods, Heritage, Hatsun Agro*

🛡 Insurance (Life & Health)
• GST exemption on premiums (18% ➝ 0%) → Lower cost, higher penetration
• Key Beneficiaries: *HDFC Life, SBI Life, ICICI Prudential*

📺 Consumer Durables (ACs, TVs, Washing Machines)
• GST reduced 28% ➝ 18% → Festive demand booster
• Key Beneficiaries: *Voltas, Havells, Dixon, Symphony*

🏨 Hotels & Tourism
• GST on room tariffs lowered → Higher occupancy & affordability
• Key Beneficiaries: *Indian Hotels, EIH, Lemon Tree*

🏗 Cement & Construction
• Input GST rationalised → Cost efficiencies, margin gains
• Key Beneficiaries: *UltraTech, Shree Cement, Dalmia Bharat, ACC*

✅ Portfolio Snapshot
• Near-term winners: Autos, FMCG, Insurance, Hotels, Durables
• Medium-term plays: *Cement, Real Estate*