Luggage will be cheap, approval to abolish 2 slabs of GST, 12 and 28 percent rates will be over, decision will be implemented from September 22

Big news has come out about GST. The central government has taken a big decision on GST. The GST Council will remove 2 slab rates of GST. 12 per cent and 28 per cent tax rates have been abolished. Bihar Deputy Chief Minister Samrat Chaudhary said that the new GST rates will be applicable from September 22. The West Bengal Finance Minister said that the total revenue loss is estimated to be Rs 47,700 crore by rationalizing the GST rate.