The Central GST Commissionerate slashed a ₹265 crore demand (including interest/penalties) to ₹10.77 crore related to pre-merger issues with Universal Comfort Products Ltd. Voltas views it as immaterial and is evaluating appeals. Room AC and refrigerator prices may rise 5-10% from January 1, 2026, due to new BEE star ratings (e.g., 2025's 5-star becomes 4-star), offsetting prior GST cuts. Manufacturers like Voltas remain optimistic on demand.

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