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Tag: GST on packaged food items
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New GST Rates from September 22: Highest Tax on Luxury Items – Full Sector-Wise List
The Government of India has revised the Goods and Services Tax (GST) rates, effective September 22, impacting multiple sectors. This update brings both relief and burden depending on the category of goods. While some essential items continue to attract lower taxes, luxury and high-value products have been moved to the highest GST slab of 40%.…