Explore updated GST rates in India: 5% for essentials & 18% for most goods & services. Find official HSN/SAC codes and tax slabs under GST 2.0. As per the revision, several everyday food items will see a tax reduction from 18 per cent to 5 per cent. The GST rate changes aim to bring a majority of items into the 5 per cent and 18 per cent tax brackets, with only a few items left in the sin goods, attrating a higher rate of 40 per cent. GST Rates Revised: Everyday items like groceries, footwear, textiles, fertilisers, and even renewable energy products will now cost less. Check the full list here. Understand the latest GST rate structure – 5%, 18% and 40%. Learn how these GST slabs apply to goods & services and their impact on your business.