GST reforms: List of items that have received GST rate cut

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The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.

GST revenue for the month of September is 26% higher than that reported in the same month a year ago. (iStockphoto) (MINT_PRINT)

"We've reduced the slabs. There shall be only two slabs, and we are also addressing the issues of compensation cess," finance minister Nirmala Sitharaman announced after the 56th GST Council meeting.

“These reforms have been carried out with a focus on the common man. Every tax on the common man's daily use items has gone through a rigorous review and in most cases the rates have come down drastically,” she added.

GST rate cut: From 18%-12% to 5%

- Hair oil

- Shampoo

- Toothbrush

- Cycles

- Tableware

- Kitchenware

GST rate cut: From 18% to 5%/Nil

- Namkeen

- Pasta

- Sauces

- Bhujia

- Instant noodles

- Cornflakes

-Preserved meat

GST rate cut: From 12% to 5%

- Natural menthol

- Handicrafts

- Labour-intensive sectors like marble, granite blocks, and intermediate leather goods

GST rate cut: From 28% to 18%

- ACs

- TVs

- Dishwashers

- Small cars

- Bikes less than 350cc

-Buses, trucks, ambulances

- All auto parts

-Three-wheelers

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