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GST Council Meeting 2025: The GST Council Wednesday gave its nod to a two-tier rate structure of 5 and 18 per cent with the new structure set to implemented from September 22. At a presser, Finance Minister Nirmala Sitharaman said that the main drivers of the economy were the focus of the decision of the Council.
All TVs will now be taxed at 18 per cent tax rate, Sitharaman announced. Life-saving drugs for cancer will now see a nil rate of tax. The inverted duty structure problem will be corrected, she added. Sin goods such as cigarettes and paan masala will attract the highest rate of 40 per cent.
Earlier, Bihar Deputy Chief Minister Samrat Choudhary said the decision was consensus-based and all states were on board for the rate rationalisation.
New GST tax rates
Nil tax *from 5% earlier)
paneer, Indian breads (chapati, roti paratha)
5% (from 12 or 18% earlier)
namkeen, sauces, pasta, choclate, pasta, butter ghee
18% tax rate
All auto parts, 3-wheelers
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