GST slabs

GST is a very very positive system and could have transformed the country but for the mistake of 7 tax slabs - 0 , 3 , 5 , 12 , 18 , 28 , 43 .
This seven slab system will create havoc , litigations and corruption .
A golden opportunity is being lost due to consensus politics and instead of growing in leaps and bounds , we will regress if not rectified. It should be a simple 3 slab system - 0 , 3 for precious metals , and 18% for residual goods. The country will then grow and grow more

Helpful All GST Queries Answered Jul 22

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Shyam Shrivastava

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Oct 31

BHARAT GUPTA

One more slab is 0.25% in GST more

Jul 24

Pradeep Lunia

for which product more

Jul 25

Dinesh Kumar Lodha

Different slabs are kept because of categorization of goods according to their consumption by lower,middle & high income groups. more

Jul 24

Sasidharan B

The rates are based on the combined competency of the State and Central Lawmakers and executives which is the best option for the country as of now. In future better options shall emerge. more

Jul 24

Arupratan Sit

there should any zero tax....every business should contribute. there should not be any limit to TO. Everybody should feel proud to give tax. there should be tax on inventory not on income. more

Jul 24

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