What is the new GST rate cut on mobile phones, TVs, ACs, laptops and other electronic items

The Goods and Services Tax Council approved new GST reforms. The council reduced the slabs to 5% and 18%. Nirmala Sitharaman announced the changes. The revised rates take effect from September 22. Consumer electronics like ACs and TVs will see a price cut. Mobile phone and laptop GST rates remain unchanged. Air conditioners and dishwashers will also become cheaper.

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