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Question
Identify the products that are exempted from GST.
Identify the products that are exempted from GST.
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Solution
The correct option is C Food grains
The GST rate is not the same for all goods. This is because the goods and taxes fall under different slabs based on whether they are goods or services of daily use or a luxury. Moreover, almost all necessities like vegetables and food grains are exempted from GST.
The GST rate is not the same for all goods. This is because the goods and taxes fall under different slabs based on whether they are goods or services of daily use or a luxury. Moreover, almost all necessities like vegetables and food grains are exempted from GST.
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