ISPL Academy Logo

GST Reform 2025

image

The latest on India’s GST reform for 2025:

The GST Council, chaired by Finance Minister Nirmala Sitharaman, has overhauled the tax structure, replacing the existing four slabs (5%, 12%, 18%, 28%) with a more streamlined two-tier system plus a special outlier:

5% ("merit rate") — For daily necessities and common goods.

18% ("standard rate") — For aspirational and mid-range products.

A new 40% "de-merit" slab — For luxury and sin goods.

Old GST Slabs -  0%, 5%, 12%, 18%, 28%

New GST Slabs 2025 - 0%, 5%, 18%, 40%

When Do These Changes Come Into Effect?

These reforms take effect from September 22, 2025.

Notable Highlights of the New GST Rate Structure

1.      0% slab Zero-rated essentials: 

·         Lifestyle essentials like UHT milk, paneer, and breads (roti/chapati/paratha) are now completely exempt (0%).

·         Services like life and health insurance are now GST-exempt (0%)

2.      5% slab includes:

·         Processed staples: butter, ghee, cheese, chocolates, pasta, Namkeens, Noodles.

·         Personal Care and Toiletries: Shampoo, Toothpaste, Shaving Cream, Toilet Soap, Hair Oil.

·         Daily-use household items and stationery like notebooks, pencils, erasers.

·         Affordable footwear (e.g., under ?2,500).

·         Baby care products (diapers, bottles), kitchen appliances, etc.

·         Hotel (Room rent <Rs.7500)

·         Movie Tickets

3.      18% slab now applies to:

·         Electronics and appliances: air conditioners, TVs (>32"), dishwashers.

·         Vehicles: small cars (1200cc to <4000mm), motorcycles under 350cc, three-wheelers, small commercial vehicles, cement.

·         Agricultural and industrial goods - fertilizer manufacturing items, tools, machinery, renewable energy equipment (solar panels, biogas plants)

·         5-Star Hotel Food

4.      40% slab on luxury/sin goods:

·         Includes tobacco products, Cigarettes, Gutkha, aerated and caffeinated drinks, alcohol- free sugary beverages, luxury automobiles (like high-end cars, motorcycles >350?cc), yachts, helicopters, and pan masala.

·         Personal Aircraft & Vessels - Yachts and other pleasure vessels, Aircraft or helicopters intended for personal use.

·         Luxury Bike and cars (Royal Enfield classic, Hunter, KTM, Harley)

·         Entertainment Levy - Casino, Betting, IPL entry.