Economics · Indian Taxation System
GST, which came into effect on 1st July 2017, has four main tax slabs applicable to commodities and services in India. Which of the following sets of tax slabs is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 18%, 12%, 15% and 18%
- 28%, 12%, 18% and 28%
- 35%, 8%, 12% and 18%
- 45%, 12%, 18% and 28%✓
Correct answer
5%, 12%, 18% and 28%
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