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Which of the following is an exemption under GST?

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Question: Which of the following is an exemption under GST?

Options:

  1. Healthcare services
  2. Luxury goods
  3. Restaurant services
  4. Telecommunication services

Correct Answer: Healthcare services

Solution: 

Healthcare services are exempt from GST.

Which of the following is an exemption under GST?

Practice Questions

Q1
Which of the following is an exemption under GST?
  1. Healthcare services
  2. Luxury goods
  3. Restaurant services
  4. Telecommunication services

Questions & Step-by-Step Solutions

Which of the following is an exemption under GST?
  • Step 1: Understand what GST is. GST stands for Goods and Services Tax, which is a tax on the supply of goods and services.
  • Step 2: Learn about exemptions. Exemptions are specific goods or services that do not have to pay GST.
  • Step 3: Identify the types of services that are often exempt from GST. One common type is healthcare services.
  • Step 4: Confirm that healthcare services are indeed listed as exempt under GST regulations.
  • Step 5: Conclude that healthcare services are an example of an exemption under GST.
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