Making the biggest change in the four-month-old goods and services tax regime, the GST Council on Friday moved 80 per cent of items in the top 28 per cent tax bracket to lower rates. Starting November 15, eating out could cost up to 13 per cent less than before (GST rate cut from 18 per cent to 5 per cent) and a whole host of consumer products like shampoo, deodorant, chocolates, fans, furniture and sanitary fittings should get cheaper by up to 10 per cent or more. Only 50 products,…
Read MorePost 132 days rollout, GST cut on over 210 items, 180 of them in top 28% slab
