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Nov 21, 2019 · GST stands for Goods and Services Tax and it is classified into three types CGST Central GST; SGST State GST; IGST Integrated GST; And the GST rates are classified into 4 Tier Structure of which some of the commodities are placed in high tax brackets of 28% and basic essential commodities are placed in lower tax brackets of 5% and fewer commodities are placed in Nil rate tax

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