The Goods and Services Tax Council, chaired by Finance Minister Nirmala Sitharaman, announced a major change that only two rates will remain from September 22 – 5 per cent and 18 per cent, eliminating the 12 per cent and 28 percent GST slabs.
India
Toothpaste, Butter, Eraser: What Is Under 5% GST Or Is Now Exempt
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