GST is categorized into different tax slabs depending on the type of goods and services:

·       5% – Essential goods like food grains, medicines, and basic household items.

·       12% – Processed foods, business services, and some consumer goods.

·       18% – Standard rate for most goods and services, including restaurants and financial services.

·       28% – Luxury items like cars, tobacco, and high-end consumer products.

·       Exempted Goods – Certain items such as fresh fruits, milk, and educational services are exempt from GST.