Goods and Services Tax

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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Plain text (Extract) only
For full text:-Visit the Source

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emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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Plain text (Extract) only
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up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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Plain text (Extract) only
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emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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Plain text (Extract) only
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up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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Plain text (Extract) only
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GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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Plain text (Extract) only
For full text:-Visit the Source

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emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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Plain text (Extract) only
For full text:-Visit the Source

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up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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Plain text (Extract) only
For full text:-Visit the Source

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GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

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Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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Plain text (Extract) only
For full text:-Visit the Source

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GST Bonanza: Tax rates slashed from roti/paratha to TVs as GST Council approves overhaul of rates
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on personal health and life insurance will be brought down to nil after the all-powerful GST Council on Wednesday approved a complete overhaul of the tangled Goods and Services Tax (GST) regime.
The GST Council approved limiting slabs to 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Almost all personal-use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing rep

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Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

emperature milk, chena or paneer, pizza bread, khakra, plain chapati or roti.
Nil will also be the tax on paratha (currently charged at 18 per cent). Common use food and beverages ranging from butter and ghee to dry nuts, condensed milk, cheese, figs, dates, avocados, citrus fruits, sausages and meat, sugar boiled confectionery, jam and fruit jellies, tender coconut water, namkeen, drinking water packed in 20-litre bottles, fruit pulp or fruit juice, beverages containing milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from current 12 per cent or 18 per cent.
Erasers, maps, pencil sharpeners and exercise books will be charged at nil from 5 per cent.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

up to 350 cc, consumer electronics like ACs, dishwashers, and TVs too would be taxed at a lower GST of 18 per cent as against 28 per cent currently.
All automobiles above 1,200 cc and longer than 4,000 mm as well as motorcycles above 350 cc, yachts and aircraft for personal use, and racing cars will be charged with a 40 per cent levy. Aerated drinks containing added sugar will be taxed at 40 per cent.
EVs will continue to be charged at 5 per cent.
The financial implication of the rate rationalisation would be Rs 48,000 crore and this would be fiscally sustainable, Revenue Secretary Arvind Shrivastava told reporters here.
The decision by the GST Council would bring down the overall premium as the tax component has significantly come

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Plain text (Extract) only
For full text:-Visit the Source

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GST Council approves overhaul of GST, slashes tax on common use items
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the all-powerful GST Council approved a complete overhaul of the tangled goods and services tax regime.
Almost all personal use items will see rate cuts as the government looks to boost domestic spending and cushion the economic blow of the US tariffs.
Briefing reporters after a marathon daylong GST Council meeting, Union Finance Minister Nirmala Sitharaman said all decisions were taken unanimously, with no disagreement with any state.
The panel approved simplifying

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ntaining milk, ice cream, pastry and biscuits, corn flakes and cereals, and sugar confectionery are likely to see a cut in tax rate to 5 per cent from the current 18 per cent.
All forms of chapati and paratha will be charged nil tax, down from the current rate of 5 per cent.
Consumer goods such as tooth powder, feeding bottles, tableware, kitchenware, umbrellas, utensils, bicycles, bamboo furniture and combs will see rate cut from 12 per cent to 5 per cent. The rates on shampoo, talcum powder, toothpaste, toothbrushes, face powder, soap and hair oil has been cut down to 5 per cent from 18 per cent.
She said all individual life and health insurance policies will now attract nil tax in a bid to boost coverage.
Cement will cost less wi

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harged at 5 per cent GST.
The move to simplify the tax regime first announced by Prime Minister Narendra Modi in his Independence Day speech comes as India's exports to the US face a 50 per cent tariff the highest in the world.
The Indian economy is heavily reliant on consumption with private consumption accounting for 61.4 per cent of the nominal GDP last fiscal.
The GST reforms are likely to boost the economy by up to 0.5 percentage points by the second year of its implementation, effectively neutralising the full impact of the US tariff, economists said.
Tobacco, gutkha, tobacco products and cigarettes will continue to be charged at current 28 per cent plus a compensation cess till such time that loans taken to pay states for

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Wide-ranging GST reforms to improve lives of citizens, ensure ease of business: PM Modi
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Prime Minister Narendra Modi said on Wednesday that wide- ranging reforms approved by the GST Council will improve lives of citizens and ensure ease of doing business for all, especially small traders and businesses.
In a post on X, he said the Union government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and strengthening the economy.
He added, “Glad to state that the GST Council, comprising the Union and the States, has collectively agreed to the proposals submitted by the Union Government on GST ra

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GST Council approves two-tier tax structure; to be implemented from Sep 22
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.
Bihar Deputy Chief Minister Samrat Choudhary said that all states were on board for the rate rationalisation, and it was a consensus-based decision.
West Bengal Finance Minister Chandrima Bhattacharya said the total loss due to GST

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HIGHLIGHTS
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) Following are the top stories at 9.30 pm: NATION DEL74 LD RAIN
Rain fury claims 4 lives in Himachal, J-K; cripples life across north India New Delhi: The downpour across north India showed no signs of easing on Wednesday as a rain-triggered landslide and structural collapse claimed four lives in Himachal Pradesh and Jammu and Kashmir, pummelled regions already on edge and forced the suspension of classes, flights, trains and even cremations.
DEL72 PM-SCHEME
Scheme to promote critical mineral recycling will boost capacities to recycle battery waste: PM New Delhi: Prime Minister Narendra Modi on Wednesday said the Cabinet's nod to an incentive scheme to promote critical mineral recycling will boost capacities to recycle battery waste and e-waste, promote investment and encourage job creation.
DEL59 BIHAR-BJP
Oppn's anti-SIR stir, abuse against Modi's mother figure in BJP's huddle on Bihar Ne

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ujbal sulks: Minister skips cabinet meet, says will challenge Maratha quota GR Mumbai: Maharashtra minister and prominent OBC leader Chhagan Bhujbal on Wednesday skipped a cabinet meeting and later expressed displeasure over a government order on granting Kunbi status to eligible Marathas for quota, indicating he will mount a legal challenge.
MDS24 TL-BRS-3RDLD KAVITHA
Kavitha announces resignation from BRS, MLC post Hyderabad: A day after her suspension from KCR-led BRS, senior leader K Kavitha on Wednesday announced her resignation from the party and trained her guns against cousin and former minister T Harish Rao.
DEL46 LEFT-RIOTS-BAIL ORDER
'Travesty of justice': Left parties on denial of bail to Umar Khalid, others New Delhi: Left parties on Wednesday deplored the denial of bail to Umar Khalid, Sharjeel Imam and others by the Delhi High Court in the “larger conspiracy” case of February 2020 riots, calling it a “travesty of justice”.
   MDS22 KA-DASARA-BANU-IN

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Wednesday with the medical facility's administration attributing the cause to septicemia (blood poisoning or blood infection).
BUSINESS DEL64 BIZ-LDALL GST
GST Council begins work to rejig tax rates; opposition states seek revenue protection New Delhi: The work to overhaul the tangled goods and services tax (GST) began on Wednesday as the government looks to cut the tax rate on common-use items, ranging from butter to certain footwear and apparel, in an attempt to boost domestic spending and cushion the economic blow of US tariffs.
DEL60 BIZ-GOLD-LD PRICE
Gold prices storm past Rs 1.07 lakh per 10 g on geopolitical tensions, worries over US economy New Delhi: Gold prices rallied Rs 1,000 to touch a fresh record high of Rs 1,07,070 per 10 grams in the local markets on Wednesday amid hopes of a rate cut by the US Federal Reserve, mounting geopolitical tensions and growing worries around the US economy.
DEL58 BIZ-GST-JK LD
GST Council meet: JK CM Abdullah seeks c

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Delhi government to take immediate steps to disburse the subsidies promised to customers for buying electric vehicles and said procedural hurdles cannot be used as a pretext to delay payments.
LGD12 DL-HC-DOG CUSTODY
Pet's custody: Delhi HC asks TMC MP Moitra, Dehadrai to 'sort out issue' New Delhi: The Delhi High Court on Wednesday sought TMC MP Mahua Moitra's response to a plea filed by advocate Jai Anant Dehadrai against an order restraining him from publicising the issue related to custody battle over a pet dog.
FOREIGN FGN35 US-TRUMP-LD INDIA
Trump says India kills us with tariffs, claims Delhi now offers 'no tariffs' to America New York/Washington: India kills the US with tariffs and the country has now offered “no tariffs” to America, President Donald Trump has said, amid New Delhi's escalating tensions with Washington over his administration's policies on trade and tariffs. By Yoshita Singh
FGN45 PAK-FLOODS-INDIA
Water experts deny India deliberately r

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GST reforms may incur revenue loss of Rs 2,000 cr annually to J'khand: Minister
GST
Dated:- 3-9-2025
PTI
Ranchi, Sep 3 (PTI) Jharkhand Finance Minister Radhakrishna Kishore on Wednesday said that the proposed GST reforms could incur an annual revenue loss of Rs 2,000 crore to the state.
Taking part in the 56th GST Council meeting in New Delhi, he urged the central government to compensate for the estimated loss.
“The proposed GST reforms are estimated to cause a revenue loss of approximately Rs 2,000 crore in Jharkhand's automobile, cement, and other manufacturing sectors,” Kishore said, according to a press statement.
He said that Jharkhand is a manufacturing state. The Goods and Services Tax (GST) system has adversely affec

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GST Council begins work to rejig tax rates; opposition states seek revenue protection
GST
Dated:- 3-9-2025
PTI
New Delhi, Sep 3 (PTI) The work to overhaul the tangled goods and services tax (GST) began on Wednesday as the government looks to cut the tax rate on common-use items, ranging from butter to certain footwear and apparel, in an attempt to boost domestic spending and cushion the economic blow of US tariffs.
The marathon 56th meeting of the GST Council, the apex decision-making body on indirect taxes, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states, discussed reducing GST on life and health insurance premiums and easing compliance rules for business on the first day of the two-day meeting.
According to sources, the panel is likely to have discussed a three-way registration process for non-risky business and issuance of refunds, in case of exports, in seven days, among a host of measures to ease compliance burden.
It

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el priced up to Rs 1,000 are taxed at 5 per cent.
Beyond the threshold, 12 per cent Goods and Services Tax (GST) is levied.
The 56th GST Council decided to raise the threshold for footwear and apparel in the 5 per cent slab to Rs 2,500 apiece from Rs 1,000.
Consumer goods, such as tooth powder, feeding bottles, tableware, kitchenware, umbrellas, utensils, bicycles, bamboo furniture and combs, may see tax rate cut from 12 per cent to 5 per cent.
Similarly, the tax rate on shampoo, talcum powder, toothpaste, toothbrushes, face powder, soap and hair oil is likely to come down from 18 per cent to 5 per cent.
Cement is likely to cost less, with the tax rate coming down from 28 per cent to 18 per cent.
Reducing GST on Petrol, LPG and CNG vehicles of less than 1,200 cc and not more than 4,000 mm length and diesel vehicles of up to 1,500 cc and 4,000 mm length to an 18 per cent rate from 28 per cent is being discussed by the council.
Discussions are also ongoing on cutting taxes on Moto

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ond year of their implementation, effectively neutralising the full impact of the US tariff, economists said.
While opposition-ruled states have demanded that all states be compensated for the revenue loss they incur post the implementation of the GST rejig, the finance minister of TDP-ruled Andhra Pradesh, Payyavula Keshav, said his state is supporting the Centre's GST rate proposals.
On Wednesday morning, before the Council meeting, eight opposition-ruled states Himachal Pradesh, Jharkhand, Karnataka, Kerala, Punjab, Tamil Nadu, Telangana and West Bengal had their own meeting to formalise their strategy and reaffirmed their demand for revenue protection to give approval to the rate rejig.
Jharkhand Finance Minister Radha Krishna Kishore told reporters here that his state will suffer a Rs 2,000 crore revenue loss if the Centre's GST rate reform proposal is implemented.
“If the Centre agrees to compensate us for whatever loss we would incur, then we have no issues in approving th

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Andhra Pradesh supports GST reforms, says Finance Minister Keshav
GST
Dated:- 3-9-2025
PTI
Amaravati/ New Delhi, Sep 3 (PTI) The Andhra Pradesh government-led by N Chandrababu Naidu strongly supports the next-generation GST reforms being proposed by the Centre which are meant for the “best interest of the poorest of the poor”, said Finance Minister P Keshav on Tuesday.
The minister attended the 56th GST Council meeting held in New Delhi today.
Keshav said these reforms align with Prime Minister Narendra Modi's Independence Day “Diwali gift” announcement, highlighting consumer benefits through rationalised tax rates, lower household costs, and “relief to the poorest citizens”.
“I support the (GST) reforms being proposed by the

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