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Question

What is the maximum rate prescribed under CGST?

A
14%
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B
28%
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C
20%
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D
18%
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Solution

The correct option is A 14%
There are mainly five tax slabs under which GST is collected across nation
They are
1. 0% 2. 5% 3. 12% 4. 18% 5. 28%
Half Amount is collected by State GST and half by CGST
Therefore, the maximum rate prescribed under CGST is 14%.

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