Lesson 1 of 3
What is GST?
Goods & Services Tax — replaced VAT, Service Tax, Excise.
Rates
- 0% — essentials (milk, books)
- 5% — basic (food grain, drugs)
- 12% — packaged food, computers
- 18% — most services, electronics
- 28% — luxury (cars, AC)
Lesson complete?
Mark this lesson as done and continue to the next one.