PROPOSED GST RATE FAQS

The proposed GST rate in India is 18%.

GST will replace all indirect taxes currently levied on goods and services.

GST will be levied on both goods and services.

GST will be collected at the point of consumption.

GST will be implemented in India from July 1, 2017.

GST will have a positive impact on the Indian economy by reducing tax evasion and increasing revenue for the government.

GST will also simplify the tax system and make it easier for businesses to comply with tax regulations.