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Question

Which is correct about service tax structure finalised by GST council?

(A) It has finalised a 4-slab service tax structure at the rates of 5, 12, 18 and 28 per cent as against the single rate of 15% levied on all taxable services.

(B) The GST tax structure will be applicable form October 1, 2017

(C) Education, healthcare and non-AC rail travel will remain exempted from the GST tax regime.

A Only (A) Correct Answer Incorrect Answer
B Only (A) and (B) Correct Answer Incorrect Answer
C Only (A) and (C) Correct Answer Incorrect Answer
D Only (B) and (C) Correct Answer Incorrect Answer
E All (A), (B) and (C) Correct Answer Incorrect Answer

Solution

The GST tax regime is schedule to be applicable form July 1, 2017

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