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This question belongs to Commerce GST
GST
?

Indian GST model has _________rate structure.

Answer & Solution
Correct Answer: Option B
In India GST model has 4 basic rate structure. They are 5%, 12%, 18% and 28%
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15 Comments
Himanshu Mehta
Himanshu Mehta 3 months ago
Need to be correction in explanation section. The 4 basic rate structure are 0%, 5%, 18% and 40% introduced in GST 2.0
Dhanush Wagh
Dhanush Wagh 3 years ago
0 , 5 ,12 ,18, 28 are rate of income tax
RAHIBUL KADIR
RAHIBUL KADIR 4 years ago
Answer should be 5. they are 0%;5%;12%;18% & 28%.
Anshul Chaturvedi
Anshul Chaturvedi 5 years ago
What about nill rate / 0%
Ishika Bhardwaj
Ishika Bhardwaj 5 years ago
The answer should be 5 as the tax rates are - 0%, 5%, 12%, 18%, 28%
MEGA PANKAJ
MEGA PANKAJ 6 years ago
What does "I" stands for in IGST?
2 points
Nishu Pandey
Nishu Pandey 6 years ago
ia think gst has 6 rate structure i.e.
1%, 3%, 5%, 12%, 18%, 28%
Pragya Singh
Pragya Singh 6 years ago
This answer is right. India GST rate structure is 4
Vivek Bhat
Vivek Bhat 6 years ago
THERE IS RATE OF .1% FOR MERCHANT EXPORTER AND 6% FOR SERVICE COMPOSITION
1DA18ME104_ SACHINBTALAKERI
1DA18ME104_ SACHINBTALAKERI 6 years ago
Answer is wrong becuse you are not included 0%
There are 5basic rate stcture
Rachna Kukreja
Rachna Kukreja 6 years ago
Gold and silver has 3% GST rate plus 0.01% so as per the option it should be option D
Raj Nandy
Raj Nandy 7 years ago
GOLD AND SILVER JEWELLERY HAS 3% GST SLAB
DuraiSubbaiyan Elangovan
DuraiSubbaiyan Elangovan 8 years ago
The answer is wrong. We have 0%, 0.25%, 3%, 5%,12%,18%,28%
Selva Nathan
Selva Nathan 8 years ago
In GST totally 7 tax rates are there, 0%, 5%,12%,18%,28% and 3% for Jewels and 0.25% for unpolished precious stones.
Amit Giri
Amit Giri 8 years ago
Wrong..GST model has 5 rate structure..
0% 5% 12% 18% 28%