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GoM approves Centre's two-rate GST proposal
Ahmedabad Mirror
|August 22, 2025
Favours scrapping of 12% and 28% slabs; ultra-luxury items to be subject to additional levy on top of special 40% tax; oppn states want to see maths
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A panel of ministers from different states on Thursday in-principle approved the Centre's proposed sweeping GST reforms through rate cuts, but some opposition-ruled states wanted to know the revenue loss from the move and how that would be bridged.
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