The 'Goods and Services Tax' on interest on deposits and loans is: MCQ with Answer and Explanation

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The 'Goods and Services Tax' on interest on deposits and loans is:

A. 12%

B. 18%

C. 0%

D. exempt

Answer: Option D

Solution (By JKSSB Mock Tests)

Interest on deposits and loans is exempt from GST.

This question belongs to: Economy GK Economy Set 1

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