GST Council Approves 2-Slab Structure
Source: LM Context: The GST Council, in its 56th meeting, approved a two-slab GST structure of 5% and 18% with a special 40% rate for sin and luxury goods. About GST Council Approves 2-Slab Structure: What is GST Council? A constitutional body under Article 279A of the 101st Constitutional Amendment Act, 2016. Recommends GST rates, …
