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Informative

Govt green flags Scrapping of 12% and 18% GST Slabs

Update / Judgement Date

25 Aug 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementGST

The government has "green-flagged the scrapping of 12% and 18% GST slabs." The proposal, which is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at simplifying the tax structure and reducing the tax burden on essential goods. The move is expected to have a significant impact on various sectors. This is a crucial reminder to all businesses that they must be diligent in their dealings.