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Would GST will applicable in exempt item

Nidhi shah (1 Points)

01 April 2017

whether gst will applicable in which some state no levy any tax

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182282 Points)
Replied 01 April 2017

It will be rationalized. Final list of exempted item is not yet declared.

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Rajesh Kumar (Advocate- Tax) (7806 Points)
Replied 01 April 2017

Exact amount of rate can be known only after GST tariff is notified as proposed in Section 9(1) of the CGST Act. When a product is exempt from payment of all levies (CGST, SGST or IGST), no GST shall be payable. As declared by Hon'ble Finance Minister, almost 55% of ietems shall be exempt from payment of GST.