Modi govt to further simplify GST, now aims to bring 99% items in sub-18% slab

Indicating that further simplification of the Goods and Services Tax is on the anvil, Prime Minister Narendra Modi said his government wants to ensure that 99 per cent items attract sub-18 per cent GST slab. "Today, the GST system has been established to a large extent and we are working towards a position where 99 per cent items will attract the sub-18 per cent GST slab," Modi said. Modi indicated that the 28 per cent slab of GST would only be restricted to a few select items, such as luxury goods.