Short, Simple and Interesting FAQs
Goods and Services Tax (GST): What it is and how it works Goods and Services Tax or GST is a broad-based consumption tax levied on the import of goods (collected by Singapore Customs), as well as nearly all supplies of goods and services in Singapore. In other countries, GST is known as the Value-Added Tax or VAT. … Read more
CGST, SGST and IGST- rates of common items Goods CGST SGST IGST Household necessities like coffee (except instant), tea, spices, edible oil,and sugar. Life-saving drugs, coal and Indian sweets are coveredunder present GST slab. 2.5% 2.5% 5% Processed Food and computers 6% 6% 12% Hair oil, soap and toothpaste, Capital goods and Industrial intermediaries. 9% … Read more