GST Council Approves New Slabs: 40% on luxury goods, 5% on essentials

A proposal to bring a new rate of 40% for 5-7 good...

A proposal to bring a new rate of 40% for 5-7 goods, while maintaining special rates of 0, 0.25, 1 and 3% was also approved by the Council

Shishir Sinha
BusinessLine