Start learning 50% faster. Sign in now
The Central Government determines the rate of tax under the Central Goods and Services Tax (CGST) Act, but it does so based on the recommendations provided by the GST Council. The GST Council is a body that includes representatives from both the Central and State Governments, and it collaboratively decides on GST-related matters, including tax rates. So, the rate of tax is ultimately set by the Central Government, but it follows the guidance and recommendations of the GST Council to ensure a consensus among the states and the central authority.
India has the office of President's office
Which of the following facts are not true in regards to G20?
1. It was formed in 1998
2. Formed in the backdrop of Asian fin...
What is the Common Equity Tier 1 (CET1) ratio limit set by RBI?
In 2016, who became the second woman Prime Minister of Great Britain?
In which of the following oceans is Torres Strait located?
Which of the following is NOT an example of Mass Communication?
World Wide commodity Prices date (Pink Sheet) is related with?
Which of the following activity is a part of the Secondary sector of economic activities?
When electricity is passed through water, what kind of chemical reaction occurs?