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