Stationery stocks surged up to 10% during Thursday’s trading session after the Goods and Services Tax (GST) Council implemented significant tax rate reductions on educational supplies, a decision that is expected to alleviate household expenses and may boost demand for stationery products, as per experts.
Starting September 22, 2025, the GST on items such as pencils, crayons, pastels, drawing charcoal, chalk sticks, and tailor’s chalk will be reduced from 12% to zero. Additionally, exercise books, graph books, laboratory notebooks, and notebooks will also be exempt from GST, in contrast to the previous 12% rate.
