What changes in tax rates have been made by the GST Council?
The GST Council has reduced tax rate on 13 items from 18% to 12%, and six items have been moved from 18% to 5%. Further, GST on eight items has been reduced from 12% to 5%, and six items have been moved from 5% slab to nil. GST on wet grinders, armoured vehicles has been reduced to 12% from 28%.