In GST, Rates of Tax on Goods will fall under 5%,12%,18%,28%

However, details of which goods will fall under which % has not yet been given

There will be significantly different between Current tax Rates in Vat and Excise and Future Rates under GST

Government is deliberately not announcing the same in order to prevent black marketing and hoarding of goods

  1. GST - Goods and Services Tax, India
  2. GST News & Updates

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.