Home |Goods and Service Tax (GST) | After paying 30% income tax, how can anybody pay 18% or 28% GST? Should GST be 9% max on any item?

After paying 30% income tax, how can anybody pay 18% or 28% GST? Should GST be 9% max on any item?

Answer Notify Me - 1 Notifying - 2
Subin VR Subin VR, Chartered Accountant,FCA, DISA (ICAI) verified
Answered on March 08,2021
Income Tax and GST is different. GST is a tax on goods and services and you have to pay the same upon purchasing any goods or services. On the other hand Income Tax is a tax on Income. If your income is above 2.50 lakhs in a year, then only you are liable to file income tax returns.

How would you rate the answer?


Excellent Good Neutral Poor Bad

Thank you for your response..

Chat with Subin VR
Clap Clap 0
Share Share Answer Share Share
Views 54 views
tesz.in
Hey , can you help?
Answer this question

Related Questions