Centre Plans Shift of Goods from 12% to 5% GST Slab, Revenue Loss Pegged at Rs 80,000 Crore

Last updated: 21 August 2025

The Centre is considering a major restructuring of the GST rate slabs, proposing to move a majority of goods and services from the 12% bracket to 5%.According to government estimates, this rejig could result in an annual revenue loss of nearly Rs 80,000 crore. Officials indicated that the shortfall

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Category GST   Report

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