Doms, Kokuyo Camlin, Navneet, other stationery stocks surge as educational items are exempted from GST

Doms Industries, Kokuyo Camlin, Navneet Education and other stationery stocks climbed on Thursday, September 4, after the 56th GST Council, headed by Union Finance Minister Nirmala Sitharaman, reduced goods and services tax (GST) to zero on several educational items.

Shares of Linc advanced 5% to hit the upper-circuit level, while Kokuyo Camlin stock rose 6.8% on the National Stock Exchange (NSE) at 9:51 am. Flair Writing Industries shares were also up 4.6%.

Scrips of Doms Industries, Navneet Education and Sundaram Multi Pap were trading higher by 3.6%, 1.1% and 1.5%, respectively.

GST rate cut on education items: Here's what gets cheaper

The decision was taken during the latest GST Council meeting on Wednesday, which limited the GST slabs to 5% and 18%. The changes will come into effect from September 22, 2025, which marks the first day of Navaratri.

GST tax rates on daily use items ranging from hair oil to corn flakes, televisions, and personal health and life insurance policies were also slashed after the GST Council meeting.

Deloitte India, the global arm of the global consulting and auditing group, said that the simplified two-slab structure will address deeper structure changes.

Mahesh Jaising, Partner and Indirect Tax Leader at Deloitte India, said the GST Council meeting signals a strong reformist intent, going beyond mere rate rationalisation to address deeper structural changes and ease of doing business.

"These measures will not only boost consumer sentiment but also enhance industry confidence. Taken together, the reforms mark a decisive step towards making GST a true growth engine for the Indian economy," he added.