Group of Ministers approves proposal to reduce GST slabs to 5% and 18%
The Siliguri Today
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August 21, 2025 • 4:24 PM
Group of Ministers approves proposal to reduce GST slabs to 5% and 18%
Group of Ministers (GoM) on GST rate rationalisation has accepted Centre's proposal to reduce GST slabs from the current four to two slabs, at 5% and 18%.
Bihar Deputy CM Samrat Choudhary, who heads the GoM, said the proposal will scrap the 12% and 28% slabs.
A special GST slab of 40% will be applicable for luxury and 'sin' products.
