<h1>Govt's GST overhaul from Sept 22 cuts rates on 375 items, simplifies slabs to 5% and 18%, aids consumers</h1> From September 22, the government's GST restructuring takes effect, reducing rates on about 375 items and reorganising slabs into a two-tier system (primarily 5% and 18%), with ultra-luxury items at 40% and tobacco remaining in the 28% plus cess category. The change moves most goods from 12% to 5% and many from 28% to 18%, and reduces GST on specified medicines, medical devices, automobiles, FMCG and personal care services; authorities have directed retailers and pharmacies to reflect lower MRPs or sell at reduced rates. The measures are presented as providing fiscal stimulus and consumer relief.