GST: India makes ACs, tea, school supplies cheaper to mitigate shock of US tariffs India simplifies GST, cutting rates on ACs, tea, school supplies to 5% or 18%, effective Sept 22. T...

India simplifies GST, cutting rates on ACs, tea, school supplies to 5% or 18%, effective Sept 22. This aims to boost consumption & offset US tariff impacts. Potential govt revenue loss: $6B. #IndiaGST #News

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