2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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GST on how many items was recently reduced from 28 % to 18 %?
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Six
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Seven
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Five
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Eight
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Explanation:
Detailed explanation-1: -Updated New GST Tax Rates of 177 out of 227 Items Reduced to 18% from 28% Slab.
Detailed explanation-2: -On such rental services of goods carriages where the cost of fuel is in included in the consideration charged from the recipient of service, GST rate has been reduced from 18% to 12% with effect from 18.07. 2022. Prior to 18.07. 2022, it attracted GST at the rate of 18%.
Detailed explanation-3: -7.2 On the basis of the recommendation of the GST Council in its 47th Meeting, held in June 2022, the IGST rate has been increased from 5% to 12% on goods, falling under any Chapter, specified in the list annexed to the notification No.
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