Goods & Services Tax
GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
GST rate will depend on the type of goods and services. Currently, GST slab rates are 5%, 12%, 18% and 28%.
*Note : Gold & rough diamonds do not currently fall under GST.