What are the GST Tax Slabs?

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Asked by Maxabout Team 138 Rep.

What are the GST Tax Rates?

Naman Vashisht answered
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    GST has introduced some set of tax rates applicable to all the goods and services @ certain tier rates.

    • 0% GST – On about 50% of the consumer products which also includes food grains
    • 5% – Mass Consumption items are included in this list which includes goods like mustard oil and spices.
    • 12% – On The processed foods and the list also includes products like smartphones.
    • 18% – On various products such as soaps, oils, toothpaste, refrigerator, TV etc.
    • 28 % – White goods and cars/bikes are included in the list.
    • 28% – Many high end items like luxury cars, Pan Masala, tobacco and aerated drinks.
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