GST 2.0 Reform in India: Full Product List & HS Code, GST Reform Full list
The GST Council’s "GST 2.0" reform, effective September 22, 2025, is the most significant indirect tax overhaul since GST’s launch in 2017. This dramatic change simplifies the tax structure from four rates (5%, 12%, 18%, 28%) to just two major slabs: 5% (essentials/merit goods) and 18% (all other goods/services), plus a new 40% 'sin tax' for specific luxury and harmfulgoods. In this blog, find a detailed, easy-to-read table comparing GST rates by product and HS code before and after the reform, Give Below the GST Reform Full List
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Neurotainment
8/31/20251 min read
What Are the New GST Slabs?
5%: Daily essentials and merit goods
18%: All standard goods/services
40%: 'Sin goods' (tobacco, gutkha, luxury vehicles, pan masala, etc.), replacing compensation cess on these items
All previous 12% and 28% slabs are eliminated. Hundreds of items are moved to lower slabs, making them more affordable to consumers.
Biggest GST Rate Changes: Before vs. After
Here is a comparison for the most important product groups, including their HS Codes: