What is the highest GST value?

The highest slab, at 28%, is reserved for luxury and sin goods. These items, often deemed non-essential or harmful, are taxed at a higher rate to discourage consumption and generate significant revenue for the government. This approach fosters a balanced taxation system that prioritizes essential needs while discouraging excessive spending on non-essentials.

The Goods and Services Tax (GST) in India operates under a tiered structure, comprising four primary slabs. These slabs are designed to categorize goods and services based on their nature and purpose.

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The first slab is set at 5%, aimed at essential commodities and services that are vital for daily life. This rate ensures that basic necessities are not excessively taxed, thereby keeping them affordable for the masses.

The second slab, at 12%, covers a wider range of goods and services, including some that are slightly more discretionary but still considered important for daily functioning. This tier strikes a balance between affordability and revenue generation.