AceVector Welcomes GST Rate Cuts, Pledges Consumer Benefit

AceVector has welcomed the Government of India’s move to simplify and reduce GST rates, calling it a timely measure to lift consumer confidence ahead of the festive season and fuel growth for value-focused retail and MSMEs. The company affirmed that it will collaborate with stakeholders to ensure that the entire benefit of the revised GST rates is passed on to consumers across AceVector’s portfolio of businesses.
Effective September 22, 2025, the GST Council’s new structure consolidates most goods into two main slabs — 5% and 18% — with many daily essentials shifting into the 5% category. Apparel and footwear priced at or below ₹2,500 will now attract 5% GST, along with several household and personal care products. These revisions are expected to make a broad range of everyday products more affordable for value-driven customers across Bharat.
Kunal Bahl, Co-founder of AceVector, stated:
“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.”