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What is the rate of GST on most goods?
Practice Questions
Q1
What is the rate of GST on most goods?
5%
12%
18%
28%
Questions & Step-by-Step Solutions
What is the rate of GST on most goods?
Steps
Concepts
Step 1: Understand what GST stands for. GST means Goods and Services Tax.
Step 2: Know that GST is a tax applied to most goods and services sold.
Step 3: Learn that the standard rate of GST on most goods is 18%.
Step 4: Remember that some goods may have different GST rates, but 18% is the common rate.
No concepts available.
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