India's Press Information Bureau has published a release from the Ministry of Finance on the recommendations of the 56th meeting of India's GST Council, which was held on 3 September 2025. Recommendations approved during the meeting include:
- The replacement of the 4-tier system with a simplified rate structure including an 18% Standard Rate and a 5% Merit Rate, as well as a 40% De-merit Rate for select goods like tobacco, sugary drinks, and luxury vehicles; and
- A reduction in GST rates for …