Cars, TVs over clothing, food: FMCG companies yet to see GST gains - Times of India

MUMBAI: It has been nearly three months since the new GST rates have kicked in but the fast-moving consumer goods (FMCG) sector is yet to see the full impact of the benefits of the tax cuts that drove down prices of a host of essentials.Consumers first rushed to buy durables and cars, where the cuts seemed more appealing given the higher price tags of the products, instead of adding more packs of…