GST Council announces simplified tax structure with 5%, 18%, and 40% slabs for various goods effective from September 22.
At its 56th meeting on September 3, 2025, the GST Council announced a simplified tax structure comprising two main slabs, 5% and 18%, alongside a special 40% rate applicable only to designated “sin goods” and certain luxury items, effective from September 22. This revision comes after the removal of the Compensation Cess, with the tax incidence preserved under the consolidated GST framework.
Also Read: GST Council meeting updates
GST Council approves two-rate tax slab effective September 22; rain, floods kill dozens across northern States, and more in The…
GST rates on 375 items reduced, leading to cheaper prices on kitchen staples, electronics, medicines, and automobiles from…
India's GST, which was criticized in the past for being complicated, was simplified to a two-rate structure of 5% and 18%,…
In the face of global headwinds, India has slashed consumption taxes on hundreds of everyday items.
GST 2.0: PM Modi announces next-gen reforms for India's progress, simplifying tax rates and adding new gems to economy.
CMAI urges government to impose 5% GST on garments over ₹2,500 to support mid-income consumers and manufacturers.
