GST rejig: Tax rates changed for some goods and services, here's what gets cheaper and costlier
Business | October 19, 2024 21:18 ISTGoods and Services Tax is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Under GST, essential items are either exempted or taxed at the lowest slab, while luxury and demerit items attract the highest slab. Luxury and some goods attract cess on top of the highest 28 per cent