Indian GST model has _________rate structure.
A. 3
B. 4
C. 5
D. 6
Answer: Option B
Solution(By Examveda Team)
In India GST model has 4 basic rate structure. They are 5%, 12%, 18% and 28%Join The Discussion
Comments ( 14 )
Related Questions on GST
A. Goods and Supply Tax
B. Government Sales Tax
C. Goods and Services Tax
D. General Sales Tax
In India GST became effective from
A. 1st April, 2017
B. 1st January, 2017
C. 1st July, 2017
D. 1st March, 2017
In India GST came effective from July 1st, 2017 India has chosen _______ model of dual – GST.
A. USA
B. UK
C. Canadian
D. China
E. Japan
GST is a _______ based tax on consumption of goods and services.
A. Duration
B. Destination
C. Dividend
D. Development
E. Destiny
0 , 5 ,12 ,18, 28 are rate of income tax
Answer should be 5. they are 0%;5%;12%;18% & 28%.
What about nill rate / 0%
The answer should be 5 as the tax rates are - 0%, 5%, 12%, 18%, 28%
What does "I" stands for in IGST?
2 points
ia think gst has 6 rate structure i.e.
1%, 3%, 5%, 12%, 18%, 28%
This answer is right. India GST rate structure is 4
THERE IS RATE OF .1% FOR MERCHANT EXPORTER AND 6% FOR SERVICE COMPOSITION
Answer is wrong becuse you are not included 0%
There are 5basic rate stcture
Gold and silver has 3% GST rate plus 0.01% so as per the option it should be option D
GOLD AND SILVER JEWELLERY HAS 3% GST SLAB
The answer is wrong. We have 0%, 0.25%, 3%, 5%,12%,18%,28%
In GST totally 7 tax rates are there, 0%, 5%,12%,18%,28% and 3% for Jewels and 0.25% for unpolished precious stones.
Wrong..GST model has 5 rate structure..
0% 5% 12% 18% 28%