{"id":11390,"date":"2024-11-10T16:40:17","date_gmt":"2024-11-10T16:40:17","guid":{"rendered":"https:\/\/www.enkash.com\/resources\/?p=11390"},"modified":"2026-03-11T10:57:57","modified_gmt":"2026-03-11T05:27:57","slug":"types-of-gst-rates-in-india-new-rate-list-and-updates","status":"publish","type":"post","link":"https:\/\/www.enkash.com\/resources\/blog\/types-of-gst-rates-in-india-new-rate-list-and-updates","title":{"rendered":"Types of GST Rates in India: New Rate List, and Updates"},"content":{"rendered":"

<\/span>What is GST?<\/span><\/h2>\n

GST<\/a> refers to Goods and Services Tax. It is a destination-based indirect tax that replaces many central and state levies. It applies to the supply of goods and services in India and is collected where the final consumption happens. Businesses charge GST on their sales, claim input tax credit on eligible purchases, and pay the net difference to the government.<\/p>\n

<\/span>What is the GST Rate?<\/span><\/h2>\n

The GST Rate refers to the percentage of tax applied to the value of goods and\/or services under the Goods and Services Tax (GST) framework in India.<\/p>\n

When a product is sold or a service is provided, the GST rate determines how much tax the buyer pays and how much revenue the government collects from that transaction. This rate is applied to the transaction value, which typically includes:<\/p>\n