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Multiple Choice Questions

Consider the following items 1 Cereal grains hulled 2 Chicken eggs cooked 3 Fish processed and canne...........

Economic Affairs Tax System
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    Consider the following items:

    1. Cereal grains hulled

    2. Chicken eggs cooked

    3. Fish processed and canned

    4. Newspapers containing advertising material

    Which of the above items is/are exempt under GST (Goods and Services Tax)?

    This questions was previously asked in
    UPSC CSP Previous Year Paper (2018)
    Download PDFAppear Online
    View All IAS Previous Year Papers

    1 only

    Incorrect Answer

    2 and 3 only

    Incorrect Answer

    1, 2 and 4 only

    Correct Answer

    1, 2, 3 and 4

    Incorrect Answer
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    Explanation:

    Goods and Services Tax (GST) council has exempted Cereal grains hulled, and chichen eggs cooked. Newspapers containing advertising material: 0% GST rate.

    Previously GST council imposed 5% rate of GST on hulled grains and 5% on Newspaper containing advertising material.

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