Is there any ceiling limit prescribed on the rate under IGST?
A. 12%
B. 18%
C. 28%
D. 40%
Answer: Option D
A. 12%
B. 18%
C. 28%
D. 40%
Answer: Option D
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
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