GST Rate Cut from Sept 22: Over 375 Items to Get Cheaper
India is set to roll out a major tax reform, “GST 2.0,” from September 22. Rates on more than 375 products have been slashed, with many items moving from 12% and 28% slabs to 5% or 18%. Essentials like milk, paneer, ghee, coffee, soaps, and pasta, along with TVs, ACs, and small cars, will see reduced prices. However, luxury and sin goods will attract a higher 40% GST.