https://www.taxtmi.com/news?id=54530 The GST Council restructured GST into a simplified two-rate framework with a separate high-rate band for select luxury and sin goods, applying the new rates to a wide range of common-use items including food, healthcare, agricultural equipment, fertilizers, renewable energy products, textiles, and consumer durables. The package reduces or abolishes GST on specified dairy items, lowers rates on ghee, butter and dry fruits, and reduces GST on tractors and parts to lower agricultural input costs; nearly all changes take effect from the Council's specified implementation date, with tobacco products retained under distinct treatment. en-us Thu, 04 Sep 2025 00:16:03 +0530 Thu, 04 Sep 2025 00:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54530 The GST Council restructured GST into a simplified two-rate framework with a separate high-rate band for select luxury and sin goods, applying the new rates to a wide range of common-use items including food, healthcare, agricultural equipment, fertilizers, renewable energy products, textiles, and consumer durables. The package reduces or abolishes GST on specified dairy items, lowers rates on ghee, butter and dry fruits, and reduces GST on tractors and parts to lower agricultural input costs; nearly all changes take effect from the Council's specified implementation date, with tobacco products retained under distinct treatment. News - Thu, 04 Sep 2025 00:16:03 +0530 https://www.taxtmi.com/news?id=54530