GK
INDIAN ECONOMY
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Question
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What is the current rate of service tax in India currently?
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12.5%
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13.5%
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14%
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14.5%
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Explanation:
Detailed explanation-1: -Explanation: The maximum CGST Rate in India is 20%. 6.
Detailed explanation-2: -2:-RATE OF SERVICE TAX (applicable w.e.f. 01.04.2012) The rate of service tax is being restored to the statutory rate of 12%.
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