1. The 56th GST (Goods and Services Tax) Council meeting on 3 September 2025 introduced a simplified tax structure, reducing rates across trade sectors to lower costs, improve compliance, and strengthen business competitiveness.
2. Leather materials prepared after tanning, composition leather, and chamois leather saw GST fall from 12% to 5%, while footwear priced up to ₹2500 per pair also moved lower.
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