Search Results for: Precious stones
. %, %, %, % and % are the five slab rates for collection of tax on goods and services. certain products such as petroleum products, alcoholic drinks, electricity, and real estate are taxed separately by the individual state governments. there is a special rate of % on rough precious and semi-precious
stones and % on gold. in addition, a cess of % or other rates on top of % gst applies on a few items like aerated drinks, luxury cars, and tobacco products. pre-gst, the statutory tax rate for most goods was about %, post gst most goods are expected to be in the % tax range. the act was enacted on july...
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