https://www.taxtmi.com/news?id=54481 The GST Council increased the threshold for the lower tax bracket and placed footwear and apparel priced up to Rs 2,500 per piece into the 5 per cent rate, replacing the earlier Rs 1,000 cutoff. Simultaneously, the Council eliminated many items from the 12 and 28 per cent slabs and reallocated the majority into the 5 and 18 per cent slabs, effecting a tariff reclassification across consumer goods. en-us Wed, 03 Sep 2025 18:31:04 +0530 Wed, 03 Sep 2025 18:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54481 The GST Council increased the threshold for the lower tax bracket and placed footwear and apparel priced up to Rs 2,500 per piece into the 5 per cent rate, replacing the earlier Rs 1,000 cutoff. Simultaneously, the Council eliminated many items from the 12 and 28 per cent slabs and reallocated the majority into the 5 and 18 per cent slabs, effecting a tariff reclassification across consumer goods. News - Wed, 03 Sep 2025 18:31:04 +0530 https://www.taxtmi.com/news?id=54481