GST

                      Some facts about GST

                    GST-Goods and Services Taxes

SHIVADREAMER

• In- Direct tax
• The Constitution Act 2017
• Governed by GST council
• 21 Members committee
• All states and Union Territories except J&K
• Chairman- Finance Minister of India
• Tax rate -0%,5%,12%18%,28% on goods and services
• 0.25% on precious and semi-precious stones (special rate)
• 3% on gold (special rate)
• No GST on sales and purchase of securities
• Date of launching -01/07/2017

                        Sum of these taxes

• Central Excise Duty
• Commercial Tax
• Value Added Tax
• Food Tax
• Central Sales Tax
• Entertainment Tax
• Entry Tax
• Purchase tax
• Luxury Tax
• Advertisement Tax
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