In this meeting, she introduced a simplified tax structure to the council, with the goals of increasing consumption, simplifying compliance for enterprises, and lowering complexity. The highlight of this meeting was the discussion that was going on for a long period of time. The existing four slabs that were 5%, 12%, 18% and 28% were now mainly focused on 5% and 18%. Additionally, new... https://www.corpzo.com/56th-gst-council-meeting-key-decisions-rate-changescompliance