Question

what is the maximum rate of cgst prescribed under cgst act ? a)0.2 b)0.28 c)0.24 d)0.4​

Answer 1

Explanation:

What is the maximum rate prescribed under CGST?

Correct option is

A

14%

There are mainly five tax slabs under which GST is collected across nation

They are

 1. 0% 2. 5% 3. 12% 4. 18% 5. 28%

Half Amount is collected by State GST and half by CGST

Therefore, the maximum rate prescribed under CGST is 14%.