Cryptocurrency Q&A What is the highest rate of GST?

What is the highest rate of GST?

Leonardo Leonardo Fri Nov 29 2024 | 6 answers 828
I want to know the highest rate of GST that is currently applicable. I'm looking for the maximum percentage or amount charged as Goods and Services Tax in the relevant jurisdiction. What is the highest rate of GST?

6 answers

Caterina Caterina Sun Dec 01 2024
The first slab is 5% GST, which applies to essential goods and some basic services.

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Riccardo Riccardo Sun Dec 01 2024
The Goods and Services Tax (GST) system in India categorizes taxable items into distinct brackets.

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ShintoBlessing ShintoBlessing Sun Dec 01 2024
These brackets are designed to streamline the taxation process and ensure uniformity across the country.

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Margherita Margherita Sat Nov 30 2024
The second slab is 12% GST, encompassing a wider range of goods and services that are frequently consumed.

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Elena Elena Sat Nov 30 2024
The third slab is 18% GST, targeting items that are considered non-essential but still in demand.

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