Which of the following statement(s) is/are true about GST? i) Goods and Services Tax (GST) is an indirect tax levied in India on the sale of goods and services.ii) Goods and services are divided into five tax slabs for collection of tax - 0%, 5%, 12%,18% and 28%.iii) Petroleum products and alcoholic drinks are taxed separately by the individual state governments. - Study24x7
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01 Jan 1970 05:30 AM study24x7 study24x7

Which of the following statement(s) is/are true about GST? i) Goods and Services Tax (GST) is an indirect tax levied in India on the sale of goods and services.
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A

Only i

B

Only ii, iii

C

Only iii

D

All of the above

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