<h1>Government advances GST reforms effective Sept 22, cutting 12% rate to 5% for 99% of goods nationwide</h1> The government announced GST reforms, effective September 22, reducing rates for about 99% of goods previously taxed at 12% down to 5% and extending benefits across a broad range of products. The reforms were advanced to accommodate state-specific festival calendars and were presented as delivering nationwide consumer relief. The policy change reflects an administrative decision to accelerate implementation ahead of a major festival, impacting intergovernmental coordination on tax collection and compliance timelines while aiming to simplify tax burdens and increase disposable income for consumers.