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    5. What is the GST rate on health insurance services?

    Question

    What is the GST rate on health insurance

    services?
    A 5% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer
    E Exempt Correct Answer Incorrect Answer

    Solution

    The standard GST rate for health insurance services is 18%, except for certain exempted schemes targeting economically weaker sections.

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