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Tuesday, 23 May 2017

Dena bank po mock test

Q.What is the GST rate for Capital goods and industrial intermediaries?
A. 15%
B. 18%
C. 17%
D. 10%
Answer: Option B

Explanation:

The goods and services tax rate structure for all capital goods and all industrial intermediaries would attract 18% tax. The Capital goods and industrial intermediaries- 28% with small petrol cars attracting a cess of 1% and small diesel cars 3%.

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