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Rate of Gst

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29 August 2016 What will be the rate for gst in india?

29 August 2016 Dear kushal, As per understanding from the draft and the state discuss it seems that it would be around 17%. Hope your query is resolved Kindly like if my response has helped you

29 August 2016 Basically try to understand that the GST will be having a DUAL structure.....
CGST.....central GST
SGST....State GST
The central govt is likely to levy 10%
The respective States will notify their rates through schedule
GST is DESTINATION based
It is applicable on "transaction value"




02 September 2016 The rate is yet to be decided. Most probably there will be different rates for different categories



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