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Read more: GST Council Imposes 40% Tax on ‘Sin Goods’ and Luxury Items

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GST Council Imposes 40% Tax on ‘Sin Goods’ and Luxury Items

Article Today6 months ago03 mins

Article Today, New Delhi:The GST Council has announced a significant reform in the tax structure. From September 22, the Council will retain two main slabs at 5 per cent and 18 per cent. However, items considered harmful to public health and luxury products will attract a higher tax of 40 per cent. The government said…

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