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    <description>Proposed GST reforms centre on structural reform to correct inverted duty structures and resolve classification disputes, rate rationalization toward a simplified slab system including a high slab for certain sin and luxury goods, and ease-of-living measures comprising technology-driven registration, pre-filled returns, and faster automated refunds; recommendations will be finalised by Groups of Ministers and the GST Council, with sectoral adjustments (including proposed insurance premium exemptions) and potential reinstatement of anti-profiteering compliance noted alongside short-term transitional impacts and administrative updates on return deadline extensions and a profiteering deposit order.</description>
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