The first checkpoint is the actual cut in retail prices of various products from processed foods and hair oil to air-conditioners and small cars that will attract lower goods and services tax (GST) from Monday, they said."We will be watching out for the extent of pass-through of lower GST to prices, how inventory management takes place and how firms cope with stranded taxes, if any," said Aditi Nayar, chief economist at Gaura Sengupta, chief economist at "We will see how fast-moving consumer goods (FMCG) c ...