2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
2%, 4%, 8%, 16%
|
|
|
5%, 12%, 18%, 28%
|
|
|
6%, 12%, 18%, 24%
|
|
|
7%, 14%, 28%, 35%
|
Detailed explanation-1: -The primary GST slabs for any regular taxpayers are presently pegged at 0% (nil-rated), 5%, 12%, 18% & 28%. There are a few lesser-used GST rates such as 3% and 0.25%. Also, the composition taxable persons must pay GST at lower or nominal rates such as 1.5% or 5% or 6% on their turnover.
Detailed explanation-2: -GST rates in india for various goods and services is divided into four slabs: they are at present 0% (nil-rated), 5%, 12%, 18%, & 28% GST. The GST rates for various products have been revised several times by the GST council since the inception of the Goods and Services Tax (GST).
Detailed explanation-3: -GST Tax Slab of 18% Goods – Mineral water, raw pasta, biscuits, pastries, soup, cornflakes, curry powder and paste, preserved vegetables, food mixes and other supplements and condiments, refined sugar, Cocoa butter, Ice cream, edibles like chocolate as well as chewing gum.
Detailed explanation-4: -Items with 12 Percent GST as on 18.07. 2022. List of Goods with 12% Goods and Services Tax Rate are listed below. Dates (soft or hard), figs, pineapples, avocados, guavas, mangoes (other than mangoes sliced, dried) and mangosteens, dried.