https://www.taxtmi.com/news?id=52652 The proposal simplifies GST by replacing the existing multi tiered rates with a limited number of standard slabs and a distinct high rate for demerit goods; essentials remain zero rated, most mid rate items shift to a lower standard rate, services largely stay at the service rate, and a special top rate combined with a separate levy will preserve the current tax incidence on certain sin goods. en-us Fri, 15 Aug 2025 20:16:03 +0530 Fri, 15 Aug 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52652 The proposal simplifies GST by replacing the existing multi tiered rates with a limited number of standard slabs and a distinct high rate for demerit goods; essentials remain zero rated, most mid rate items shift to a lower standard rate, services largely stay at the service rate, and a special top rate combined with a separate levy will preserve the current tax incidence on certain sin goods. News - Fri, 15 Aug 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=52652