Multiple Choice Questions on Under composition scheme of GST the rate of GST is for manufactures with Annual turnover ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Under composition scheme of GST the rate of GST is for manufactures with Annual turnover ...........

Finance (Phase -I & II) Public Finance The union budget
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     Under composition scheme of GST,  the rate of GST is _______% for manufactures with Annual turnover not exceeding Rs. 1.5 crores:
     
     2%
     
    Incorrect Answer
     1%
     
    Correct Answer
     5%
     
    Incorrect Answer

     6%

    Incorrect Answer
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    Explanation:
     Under composition scheme of GST,  the rate of GST is 1% for manufactures with Annual turnover not exceeding Rs. 1.5 crores.

    By: Vikas Goyal
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