Question

Consider the following items:
Cereal grains hulled
Chicken eggs cooked
Fish processed and canned
Newspapers containing advertising material
Which of the above items is/are exempted under GST (Goods and Services Tax) ?
(a) 1 only
(b) 2 and 3 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4

Answer 1

Oat grains hulled, chicken eggs cooked, daily papers containing publicizing material are exempted under GST (Goods and Services Tax).

The GST is paid by customers, yet it is transmitted to the legislature by the organizations offering the merchandise and enterprises.

Essentially, GST gives income to the legislature.

Answer 2

A) 1 only it is only cereal grains hulled that does not go through industrial process to reach its consumers since it is directly harvested from the farm to the consumers therefore there is no taxation process incurred. Chicken eggs cooked uses products which goes through industrial processed and taxed.

Fish processed and canned is taxed through industrial process.

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