<h1>GST panel reviews move to two-rate structure (5% and 18%) plus 40% luxury slab, seeks compliance and refund reforms</h1> The national GST decision-making body commenced a two-day review to simplify slabs from four to a proposed two-rate structure (5% and 18%) with a special 40% rate for select luxury items, and to cut rates on many common-use goods (food, footwear, apparel up to a higher threshold, personal care items) while reducing some high-end and vehicle taxes from 28% to 18%. Measures to ease compliance and speed export refunds were discussed. Several opposition-led states demanded guaranteed compensation for projected revenue losses before approving the rejig; one regional government signalled support for the centre's proposals. Final decisions were to be announced after the meeting.