The Goods and Services Tax (GST) in a country can potentially have a role in driving consumption and helping households save on monthly bills. However, the effectiveness of the GST in achieving these goals may vary based on the specific design and implementation of the tax regime.

• Firstly, GST aims to simplify the taxation system by rationalizing multiple indirect taxes into a single tax structure. This can reduce the compliance burden on businesses and result in reduced costs, which may eventually lead to lower prices for consumers.
• Additionally, GST encourages formalization of the economy by motivating businesses to come under the tax net. This can lead to increased transparency, competitiveness, and efficiency, which may further drive consumption.
• Moreover, GST can help eliminate cascading taxation, which occurs when taxes are levied multiple times on the same goods or services. By allowing input tax credit, GST can reduce the overall tax burden on businesses, encouraging them to pass on the benefits to consumers in the form of lower prices.
• Furthermore, GST can promote product diversification and innovation by removing tax barriers between states, allowing for a seamless national market. This can result in increased competition, improved quality, and greater choice for consumers.
• Lastly, the potential savings for households from GST will highly depend on the specific tax rates, exemptions, and the extent to which businesses pass on the benefits to consumers.

In conclusion, while the government claims that GST has been instrumental in stimulating consumption and providing cost-saving benefits to households, the extent of its impact may vary based on its implementation. It is crucial to continuously evaluate and refine the GST system to ensure its intended benefits reach the intended beneficiaries.