Questions and Answers
What is the main difference between VAT and GST?
GST is a digitalized form of VAT with the ability to track goods and services
What is the tax slab for rough precious and semi-precious stones under GST?
0%
Which items are not taxed under GST?
Petroleum products, alcoholic drinks, and electricity
Why is GST considered a destination-based tax?
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What is the general tax range for most goods post-GST implementation?
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What is the main difference between VAT and GST in India?
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What is the tax slab for rough precious and semi-precious stones under GST?
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Why are petroleum products, alcoholic drinks, and electricity not taxed under GST in India?
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What is the general tax range for most goods post-GST implementation in India?
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What rate of cess applies on several items like aerated drinks, luxury cars, and tobacco products under GST in India?
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