Patna, Sept. 22 -- Congratulating the Union Government over the GST reforms, BJP MP Ravi Shankar Prasad on Monday said that Prime Minister Narendra Modi believes in 'Sabka Saath, Sabka Vikas'.
The GST 2.0 reforms, which the Union Government approved on September 4, have been implemented from Monday.
Under the revised structure, the previous four-tier GST slabs have been consolidated into two main categories: 5 per cent and 18 per cent. Items that were earlier taxed at 12 per cent have been brought down to 5 per cent, while those in the 28 per cent category have been rationalised to 18 per cent. Essential commodities and daily-use items are now taxed at the lowest rate, making them more affordable for households.
"More than 200 commodit...
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