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GST Council meet: Only 35 goods in 28% bracket

Jul 23, 2018 17:38 IST

In a major relief for consumers, the GST Council has cut rates of over 100 items including washing machines, television sets, footwear and others. This leaves only 35 items under the 28% GST slab. This cut is costing the govt about Rs 6000 crores in revenue. Revised tax rates will come into effect from July 27.