GST News: What's In It For GST 2.0 In Education Sector? Here's All You Need To Know GST New Reforms

GST News: What's In It For GST 2.0 In Education Sector? Here's All You Need To Know GST New Reforms

FM Nirmala Sitharaman chairing the 56th meeting of the GST Council on September 3 approved Next-Gen GST reforms. The reforms also provide relief to students, as essential study materials such as exercise books, pencils, erasers, crayons, and sharpeners will now attract 0% GST

Additionally, items like geometry boxes, school cartons, and trays have been shifted from the 12% slab to 5%. This reduction is expected to make learning essentials more affordable. It ease the financial burden on families, and improve access to education. The new GST structure effective from September 22 will have two tax slabs: 5% and 18%

#gstnews #education #gst #gst2025 #newgstchanges #nirmalasitharaman #educationsector

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