What is the rate structure proposed under GST?
Question 12
Bill
Frequently Asked Questions (FAQ) GST
FAQ [OLD] on Goods and Services Tax (GST) – (December 2015)
Q 12: What is the rate structure proposed under GST?
Ans: The Empowered Committee has decided to adopt a two-rate structure -a lower rate for necessary items and items of basic importance and a standard rate for goods in general. There will also be a special rate for precious metals and a list of exempted items. For u
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