Analyst Accelerator
Analyst Accelerator Interview Questions and Answers
Updated 23 Apr 2021
Q1. Gst rate on freight.
Ans.
The GST rate on freight is 5% for transportation by rail, road, or air, and 12% for transportation by vessel.
GST rate on freight is determined by the mode of transportation.
Transportation by rail, road, or air has a GST rate of 5%.
Transportation by vessel has a GST rate of 12%.
The GST rate on freight is applicable to both domestic and international transportation.
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