Union Commerce and Industry Minister Piyush Goyal on Thursday described the GST reforms as game-changing and asked the industry to pass on the full benefit to consumers.

Addressing an event, India MedTech Expo 2025, the minister said the reduction in GST would benefit every consumer.

"Yesterday's reform in indirect taxes in GST, coming on the back of several initiatives over the last 11 years, is transformational in nature, significantly impacting the pharma sector, significantly impacting so many sectors, right from the farmer until our MSMEs," he said.