📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The government has exempted payments made for goods

      imported through ocean freight  with effect from October 1. Currently importers are required to pay ______GST under the Reverse Charge Mechanism.
      A 5 percent Correct Answer Incorrect Answer
      B 7 percent Correct Answer Incorrect Answer
      C 10 percent Correct Answer Incorrect Answer
      D 12 percent Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

        The government has exempted payments made for goods imported through ocean freight from 5 per cent integrated GST with effect from October 1.    Currently, importers are required to pay 5 per cent GST under the Reverse Charge Mechanism.

      Practice Next
      More Beepedia Questions
      ask-question