There are Different Rates of Taxes in GST like

  • 28%
  • 18%
  • 12%
  • 5%
  • 3%
  • 0.25%
  • 0%

All these are equally DIvided into CGST AND SGST in case of local Sales

However in Interstate Sales,IGST will be charged at Combined Rate

 
TAX RATE ON GOODS LOCAL SALES INTERSTATE SALES
ITEM RATE CGST SGST TOTAL IGST
28% 14% 14% 28% 28%
18% 9% 9% 18% 18%
12% 6% 6% 12% 12%
5% 2.50% 2.50% 5% 5%
3% 1.50% 1.50% 3% 3%
0.25% 0.125% 0.125% 0.250% 0.25%
0% 0% 0% 0% 0%

T ax Rate on Services

it is normally 18%

However for some services,different rates are prescribed

Get complete list here

  1. Taxation for CA, CS, CMA Bcom M Com Exams May - June 2018
  2. GST for Exams
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .