As of 4 November 2026, what is the combined GST rate on a taxable sale of gold bullion under heading…
The combined GST rate on gold under heading 7108 is 3%. An intra-State supply attracts 1.5% CGST and 1.5% SGST, while an inter-State supply attracts 3% IGST.
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As of 4 November 2026, what is the combined GST rate on a taxable sale of gold bullion under heading 7108?
Answer and explanation
Correct answer D
The combined GST rate on gold under heading 7108 is 3%. An intra-State supply attracts 1.5% CGST and 1.5% SGST, while an inter-State supply attracts 3% IGST.
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Gujarat SET (GSET)