GST Turns 10: Two-Tier Slabs and AI-Led Compliance Reshape Retail Pricing

As GST enters its tenth year, the Sept 22, 2025 rate rationalisation to 5% and 18% slabs lowered prices on most goods, with a 40% luxury tier carved out. Focus shifts to AI-led compliance, faster refunds and simpler processes across 1.6 crore taxpayers, with FY26 revenue projected at Rs 22.27 lakh crore.

— Filed Sun, 28 Jun, 2026, 17:29 IST · Source NDTV Profit · Updated

As GST enters its tenth year, focus shifts to AI-led compliance, faster refunds and simpler processes. The Sept 2025 two-tier rate cut (5%/18%) lowered prices on most goods, materially affecting Indian retail pricing and consumer spending.

Why this matters

Follows the GST@10 push on AI-led compliance and two-tier 5/18% slabs lifting retail consumption, and the Deloitte GST@9 survey where 99% of India Inc backed GST but flagged refund delays and audit friction.

retail-company holding steady with 3,965 signals over the past 90 days.