UPSC Previous Year Question | Prelims GS | 2018

Consider the following items: 1. Cereal grains hulled 2. Chicken eggs cooked 3. Fish processed and canned 4. Newspapers containing advertising material. Which of the above items is/are exempted under GST (Goods and Services Tax)?

  1. 1 only
  2. 2 and 3 only
  3. 1, 2 and 4 only
  4. 1, 2, 3 and 4

Answer

Correct Answer

1, 2 and 4 only

Explanation

As per UPSC's answer key, items 1, 2 and 4 are exempt under GST, while processed and canned fish is taxable (5%).

Topics: economy, goods and services tax, gst exemptions, taxation