Question
As part of the GST 2.0 reforms effective September 2025,
which of the following items is likely taxed under the new 40% demerit rate, alongside luxury cars and tobacco products?Solution
The GST 2.0 framework introduced streamlined slabs (5%, 18%) and a high 40% demerit rate for "sin and luxury goods," significantly impacting items like tobacco, luxury cars, and certain premium food products, while aiming for lower rates on essentials and electronics. Therefore, premium chocolates, often considered luxury/indulgence items, fall under the 40% demerit slab, unlike basic electronics (18%), essential meds (likely 5%), standard AC restaurant meals (12%), or school supplies (exempt/low).
Which plant hormone is considered a ripening agent?
A bioreactor is:
“C” enamel cans are used for:
Which is biotechnological milestone?
Enzymes having slightly different molecular structures but performing identical activity are:
Cutting of fruit and vegetables into cubes is known as
a) Cubing
b) Dicing
c) Slicing
d) Gr...
The Molisch Reaction is the test to identify
Yellow-colored vegetables are a rich source of:
Bixin is a ……pigment derived from the seed coat of Bixa orelana.
The FSSAI introduced which logo for fortified staple food products?
