GST exemptions often apply to basic, unprocessed or minimally processed food items (especially unbranded) and essential services/goods like newspapers. Processed foods are usually taxed.
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) ?
Asked in UPSC IAS 2018 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))
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