Which items may attract 5% GST under next-gen reforms?
According to a Financial Express report, products expected to shift to 5% bracket under the next-gen GST reforms include tooth powder, toothpaste, soaps and hair oil. Processed foods, snacks, frozen vegetables, condensed milk, mobiles, computers, pressure cookers, geysers, water filters, irons, vacuum cleaners, bicycles, glazed tiles and non-kerosene stoves will also likely shift to 5% bracket.