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What is the Rate of GST?


Clarity regarding which commodity fall in which rate is yet to be out. However a brief description has been given as below:

Sr. No. Rate Description
1. 0% Essential Item Including Food
2. 5% Common Use Item
3. 12% or 18% Standard Rate
4. 28% Items which are currently taxable with30%-31%
5. 28% along with Cess Luxury and de-merits goods

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