The 56th Goods and Services Tax (GST) Council meeting held in the national capital, led by Finance Minister Nirmala Sitharaman on Wednesday. The new GST rates will be implemented from September 22. It has been decided that there will now be only three GST slabs — 5%, 18% and 40%, while the 12% and 28% slabs have been abolished.
Prime Minister Narendra Modi posted over GST meet on X “During my Independence Day Speech, I had spoken about our intention to bring the Next-Generation reforms in GST. The Union Government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and strengthening the economy. Glad to state that @GST_Council, comprising the Union and the States, has collectively agreed to the proposals submitted by the Union Government on GST rate cuts & reforms, which will benefit the common man, farmers, MSMEs, middle-class, women and youth. The wide ranging reforms will improve lives of our citizens and ensure ease of doing business for all, especially small traders and businesses.”
During my Independence Day Speech, I had spoken about our intention to bring the Next-Generation reforms in GST.
— Narendra Modi (@narendramodi) September 3, 2025
The Union Government had prepared a detailed proposal for broad-based GST rate rationalisation and process reforms, aimed at ease of living for the common man and…
The Office of Finance Minister Nirmala Sitharaman said the GST Council approved significant reforms. These reforms have a multi-sectoral and multi-thematic focus, aimed at ensuring ease of living for all citizens and ease of doing business for all.
The GST Council has approved significant reforms today. These reforms have a multi-sectoral and multi-thematic focus, aimed at ensuring ease of living for all citizens and ease of doing business for all: Office of Finance Minister Nirmala Sitharaman pic.twitter.com/7yg9zELOvs
— ANI (@ANI) September 3, 2025
After the meeting, Punjab Minister Harpal Singh Cheema said, “Now there are three slabs – 5%, 18% and a special slab. One slab has been removed. We said the compensation cess should be increased, but the Centre did not agree.”
#WATCH | Delhi: After 56th GST Council meeting, Punjab Minister Harpal Singh Cheema says, "Now there are three slabs – 5%, 18% and a special slab. One slab has been removed. We said the compensation cess should be increased, but the Centre did not agree." pic.twitter.com/MijtGSLUKs
— ANI (@ANI) September 3, 2025
After 56th GST Council meeting, Himachal Pradesh Minister Rajesh Dharmani said, “Unanimously, everyone has agreed in favour of GST rate rationalisation. Now there will be three slabs. Effectively, it will be 5% and 18% percent. 12% and 28% have been abolished. There will be 40% on luxury goods.”
#WATCH | Delhi: After 56th GST Council meeting, Himachal Pradesh Minister Rajesh Dharmani says, "Unanimously, everyone has agreed in favour of GST rate rationalisation. Now there will be three slabs. Effectively, it will be 5% and 18% percent. 12% and 28% have been abolished.… pic.twitter.com/aErWs2n2D0
— ANI (@ANI) September 3, 2025
Uttar Pradesh Minister Suresh Kumar Khanna said, ” A consensus has been reached and everyone has agreed on the rationalisation of GST rates. Now, 5% and 18% slabs will be applicable.”
#WATCH | Delhi: After the 56th GST Council meeting, Uttar Pradesh Minister Suresh Kumar Khanna says, "…a consensus has been reached and everyone has agreed on the rationalisation of GST rates. Now, 5% and 18% slabs will be applicable." pic.twitter.com/mgn4g8FpeW
— ANI (@ANI) September 3, 2025
