GST Rates Reduced for Multiple Goods and Services: Centre Explains Rationale - CAclubindia

The Government of India has confirmed a major round of GST rate reductions across several goods and services, following the recommendations of the 56th GST Council meeting held on 3 September 2025 . As per the official reply in Lok Sabha, GST rates have been slashed from 28% to 18%, 18% to 12% or 5%, and 12% to 5% or even Nil for various categories of items, marking one of the most significant rat…