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What is the rate of GST on most goods and services in India?

Practice Questions

Q1
What is the rate of GST on most goods and services in India?
  1. 5%
  2. 12%
  3. 18%
  4. 28%

Questions & Step-by-Step Solutions

What is the rate of GST on most goods and services in India?
  • Step 1: Understand what GST means. GST stands for Goods and Services Tax.
  • Step 2: Know that GST is a tax applied to most goods and services in India.
  • Step 3: Learn that there are different rates of GST for different items.
  • Step 4: Identify the standard rate of GST that applies to most goods and services.
  • Step 5: Conclude that the standard rate of GST on most goods and services in India is 18%.
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