BUISENESS MANAGEMENT
TAXES
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Common use products like hair oil, soap and toothpaste will be charged with a GST of ____ percent
|
|
5%
|
|
|
12%
|
|
|
18%
|
|
|
28%
|
Explanation:
Detailed explanation-1: -GST rate on Soap, washing preparations, polishing items, lubricant preparations etc. are to be charged at 18% in India.
Detailed explanation-2: -Basic household items like toothpaste and hair oil, which currently attract 28% tax, will be taxed at 18% only.
There is 1 question to complete.