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The revamped Goods and Services Tax (GST) structure came into effect on September 22, 2025, when the country adopted a simplified two-tier tax system wherein most goods and services will be taxed at 5% and 18%. However, ______% tax will be levied on ultra luxury items as decided at the 56th GST Council meeting chaired by the Union Finance Minister.
This question appeared in the NPSC Prelims 2025 examination (GS). It is Question 116 out of 200 questions in this paper.
This question was part of the NPSC Prelims 2025 (GS). The NPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all NPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.