Current Affairs · Tax Reforms & GST
With reference to GST 2.0 proposals and the revised GST rate structure, consider the following statements: I. The revised structure reduces the earlier multi-slab framework into two principal slabs along with a special rate category. II. A special 40% GST rate has been proposed for certain sin goods and super-luxury items. III. The revised structure brings petroleum products and electricity fully under GST with immediate effect. How many of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only one
- 2Only two✓
- 3All three
- 4None
Correct answer
Only two
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