The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.

1. Designed by Puneet Kumar
Jain
Studied at B.Com
(Computer Application)

2.  GST was introduced in India on
1st July 2017 by our new financial
minister Arun Jaitley by passing
the GST bill in lok sabha. GST in
India was a collective effort of
central and state governments
which became operational since
1.7.2017.

3. GST Collection
1. 0%
2. 5%
3. 12%
4. 18%
5. 28%

4. 0
18
28
5
12
GST Goods and Services Tax

5. Tax rates Application
0% Food grains
5% Mass consumption like spices, tea
and mustard oil.
12% Washing machines, air condition ,
refrigerators, shampoo , shaving
stuff and soap.
18% Ordinary cars and bikes.
28% Luxury Cars, pan Masala, Tobacco
products , Aerated drinks.

9. What do types of GST ?
1. Central Goods Services Tax
2. States Goods Services Tax
3. Integrated Goods Services Tax