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Major GST Overhaul: Tax Relief on Processed Foods

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Major GST Overhaul: Tax Relief on Processed Foods

Major GST Overhaul: Tax Relief on Processed Foods In a landmark decision, the GST Council has simplified India’s tax structure, bringing significant relief to consumers and the food processing industry. Effective September 22, 2025, the previous four-slab GST system (5%, 12%, 18%, and 28%) has been streamlined into two main rates: a 5% “merit rate” … Read more

India’s New Two-Slab GST Regime to Go Live on September 22

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India’s New Two-Slab GST Regime to Go Live on September 22

From September 22, 2025, India will see a significant Goods and Services Tax (GST) overhaul, shifting from a four-slab system to a simplified two-slab structure. The new rates will be 5% for common-use items and 18% for all other goods and services, eliminating the previous 12% and 28% slabs. This reform aims to both simplify … Read more