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    Question

    A trader opts for GST Composition Scheme and has total

    turnover of ₹1.2 crore. What is the GST rate applicable?
    A 5% Correct Answer Incorrect Answer
    B 1% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 0.5% Correct Answer Incorrect Answer

    Solution

    For traders, under the Composition Scheme, GST rate is 1% (0.5% CGST + 0.5% SGST).

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