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New Delhi : The Centre is closely monitoring whether companies are passing on the benefits of the recent Goods and Services Tax (GST) rate cuts to consumers, and enforcement measures will only be decided after field reports are analysed by the end of September.

“We are awaiting inputs from field formations by the end of this month. We cannot have knee-jerk reactions to fresh reforms; they need time to settle,” a government source said.

Over 50 products from various categories are being examined, and nationwide retail pricing data is being gathered. According to preliminary monitoring, the tax cuts are already being reflected in the prices of almost 90 per cent of sectors.

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