2018
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Washing machines, refrigerators, up to 25-inch televisions, vacuum cleaners, perfumes, Lithium ion batteries and paints will attract 18 % GST as against _________ at present.
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5 %
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28 %
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12 %
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0 %
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Explanation:
Detailed explanation-1: -The rate for each household electronic appliance like the dishwasher, AC, etc is fixed at the rate of 28% under GST.
Detailed explanation-2: -HSN Code 8450: Household or laundry-type washing machines, incl. machines which both wash and dry; parts thereof.
Detailed explanation-3: -The GST Council on Saturday reduced tax rates on a slew of items incuding refrigerators, washing macines and small televisions from 28 per cent to 18 per cent, giving relief to the common man.
There is 1 question to complete.