Is there any ceiling limit prescribed on the rate under IGST?
A. 12%
B. 18%
C. 28%
D. 40%
Answer: Option D
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As it is the total of CGST & SGST , In case of inter state supply of goods.
IGST= 40%( SGST20% + CGST20%)
Currently maximum gst is 28% but maximum possible is upto 40%.
Please explain
Please explain it
Please explain it
Please explain it
40% BCZ OF BOTH CGST AND SGST WHICH IS SUBSTITUTE IN FORM OF IGST
Mim.0% to Max. 28% GST
why 40%?
MAXIMUM GST IS 28