GST 2.0: Bidis escape ‘sin goods’ slab, netizens turn it into meme fest
The GST Council’s 56th meeting has paved the way for a simplified tax regime with just two main slabs–5 per cent and 18 per cent– and a special 40 per cent rate exclusively reserved for “sin goods” and ultra-luxury items. Effective September 22, this marks a major overhaul after the removal of the Compensation Cess,…