What was the GST rate in 2024?
9%
8%
7%
10%
Answer
9% was the GST rate in 2024. The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services. It is a destination-based tax, which means that it is levied at the point of consumption. The GST rate is determined by the GST Council, which is a body consisting of the Union Finance Minister and the Finance Ministers of all the States.
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