April 30, 2026

mobile phones GST rate

GST revamp: What are the latest tax rates on cars, gold, mobile phones, EVs, cigarettes? Check details – The Times of India

GST revamp: What are the latest tax rates on cars, gold, mobile phones, EVs, cigarettes? Check details – The Times of India

admin07 mins

The Goods and Services Tax (GST) Council, chaired by Union finance minister Nirmala Sitharaman, on Wednesday announced the most extensive revamp of the indirect tax system since its rollout in 2017.The reform introduces a simplified two-slab structure of 5% and 18%, alongside a new 40% slab for luxury and sin goods.The new rates, except for…

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What is the new GST rate cut on mobile phones, TVs, ACs, laptops and other electronic items – The Times of India

What is the new GST rate cut on mobile phones, TVs, ACs, laptops and other electronic items – The Times of India

admin03 mins

The Goods and Services Tax (GST) Council has approved a two-tier rate structure of 5% and 18%. Announcing the new GST reforms, union finance minister Nirmala Sitharaman said “We’ve reduced the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess”. The revised rates will take effect from…

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