Guwahati, Sept. 4 -- Assam Bharatiya Janata Party (BJP) on Thursday lauded the recent GST reforms that slash the 12 and 28 per cent slabs, terming the centre's decision as "historic and revolutionary".

The highest policy-making body of GST, the GST Council, in its 56th meeting, decided that from September 22 onwards, the four-slab GST rates of 5 per cent, 12 per cent, 18 per cent, and 28 per cent would be merged into two slabs of 5 per cent and 18 per cent.

Assam BJP Spokesperson Debojit Mahanta stated that nearly 99 per cent of goods currently taxed at 12 per cent GST would now come under 5 per cent GST. As a result, more money will remain in the hands of the common people, thereby increasing their purchasing power.

Mahanta explained ...