BUISENESS MANAGEMENT
TAXES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Smart phones will be taxed at ____ under GST
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0%
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5%
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12%
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18%
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Explanation:
Detailed explanation-1: -Mobile phones and mobile accessories in India are under Goods and Services Tax. The GST rate on mobiles is currently 12%, irrespective of whether the device is a smartphone or a feature phone. The GST rate on mobile electronic accessories is 18%.
Detailed explanation-2: -A: The GST rate on iPhones in India is 18%.
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