Srinidhi S
Quick Summary
The Goods and Services Tax (GST) in India has undergone a major rationalisation, set to be effective from September 22, 2025. The GST Council, in its meeting held on September 3, 2025, announced a significant change of the GST slab structure, removing the 12% and 28% tax slabs. Instead, a new 40% ta
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FAQ :
The new GST changes are set to be effective from September 22, 2025.
The 12% and 28% GST tax slabs are being removed, and a new 40% tax rate will be introduced primarily for luxury and sin goods.
GST rates remain unchanged for cigarettes, chewing tobacco, beedis, unmanufactured tobacco, clothing and apparel (sale value ≤ Rs. 2,500), footwear (sale value ≤ Rs. 2,500), services in the 18% slab, export provisions, and gold and precious metals.
The GST rate for footwear with a sale value exceeding Rs. 2,500 per piece remains at 18%.
No, there is no change in the threshold limit for mandatory GST registration for goods under the CGST Act, 2017, which remains Rs 40 lakhs for goods and Rs 20 lakhs for services.
No, GST on export provisions, including zero-rating and refund of input tax credits, remains unchanged.
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