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How Much Gst Will Be Paid on Gold and Silver Jewellery After the Gst Reforms? Know the Calculation
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The GST Council on Wednesday announced the next generation of GST reforms in its 56th meeting, in which the Goods and Services Tax (GST) has been simplified from the existing four slabs of 5, 12, 18 and 28% to 5 and 18%. Meanwhile, a special slab of 40% will be introduced for select items like expensive cars, tobacco and cigarettes. These new GST rates will be implemented from September 22, 2025. This is the biggest improvement in the GST system…
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