SlideShare a Scribd company logo
Designed by Puneet Kumar
Jain
Studied at B.Com
(Computer Application)
 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.
GST Collection
1. 0%
2. 5%
3. 12%
4. 18%
5. 28%
0
18
28
5
12
GST Goods and Services Tax
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.
What do types of GST ?
1. Central Goods Services Tax
2. States Goods Services Tax
3. Integrated Goods Services Tax
Goods Servies Tax (GST).pptx
Goods Servies Tax (GST).pptx
Goods Servies Tax (GST).pptx
Goods Servies Tax (GST).pptx

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Goods Servies Tax (GST).pptx

  • 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%
  • 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.
  • 6.
  • 7.
  • 8.
  • 9. What do types of GST ? 1. Central Goods Services Tax 2. States Goods Services Tax 3. Integrated Goods Services Tax