As per section 5 of the IGST Act, 2017 a maximum rate of tax of ______ can be imposed on interstate supply of goods and services.

CS Executive · Tax Laws and Practice · PYQS · December 2020
As per section 5 of the IGST Act, 2017 a maximum rate of tax of ______ can be imposed on interstate supply of goods and services.
(A) 28%
(B) 35%
(C) 40%
(D) 50%

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Integrated Goods and Services Tax (IGST)

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