GST rate cut: What gets cheaper, what’s costlier

GST Council 2025 announces GST 2.0. What’s cheaper, what’s costlier? Food, FMCG, autos, tractors, medicines, insurance, textiles, footwear, white goods , all see rate cuts. Luxury cars, sin goods, coal, betting and casinos move into higher brackets. Also explained: SUVs net cheaper after cess removal, EVs at 5%, bidis at 18%, tendu leaves at 5%. from the 56th GST Council Meeting, Sept 2025.