The GST (Goods and Services Tax) percentages levied vary from country to country. Here are the current GST percentages levied in some countries: India: The GST rate in India is 5%, 12%, 18%, and 28% for different goods and services. Additionally, there is a special rate of 0.25% on rough precious and semi-precious stones, and… Continue reading Country Based GST Rates
Author: Jesna John K
Goods And Service Tax (GST)
GST (Goods and Services Tax) is a consumption-based tax system, introduced to replace multiple indirect taxes such as excise duty, VAT, and service tax. GST is a value-added tax that is levied on the supply of goods and services and is charged at every stage of the production and distribution chain. It is a comprehensive,… Continue reading Goods And Service Tax (GST)