The Government of India has recently released the new GST rate list 2025, bringing key revisions to simplify the tax structure. Under GST 2.0, the earlier multiple slabs of 5%, 12%, 18% and 28% have been consolidated into two primary rates—5% for essentials and priority goods/services, and 18% for most standard items. In addition, a higher slab of 40% applies to luxury and sin goods such as tobacco, aerated beverages, and premium cars.
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