Industry Leaders Hail GST Reforms As Transformative Step
The 56th GST Council reduced the slabs from four to two: 5% for essentials and 18% for non-essentials, while imposing a 40% rate on sin and luxury goods.
The 56th GST Council reduced the slabs from four to two: 5% for essentials and 18% for non-essentials, while imposing a 40% rate on sin and luxury goods.
