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The 25th meeting of the Goods and Services Tax (GST) Council was held in New Delhi on January 18, 2018. In this meeting, GST rate on services by way of admission to Amusement Parks may be reduced from 28% to _____?
  • a)
    25%
  • b)
    20%
  • c)
    18%
  • d)
    15%
  • e)
    12%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The 25th meeting of the Goods and Services Tax (GST) Council was held ...
At 25th meeting of the Goods and Services Tax (GST) Council held in New Delhi on January 18, 2018, it was recommended that GST rate on services by way of admission to Amusement Parks may be reduced from 28% to 18%. The recommendation to reduce GST rate on entry to amusement parks was in response to requests received from several quarters that amusement parks promote social wellness and are avenues to attain fun and learning for children and their families in a real active entertainment. On January 25, 2018, a notification was issued giving effect to this recommendation of GST Council. Thus, admission to amusement parks including water parks, theme parks, joy rides, go-carting, merry-go-rounds and ballet is now taxable at the lower rate of 18%.
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The 25th meeting of the Goods and Services Tax (GST) Council was held in New Delhi on January 18, 2018. In this meeting, GST rate on services by way of admission to Amusement Parks may be reduced from 28% to _____?a)25%b)20%c)18%d)15%e)12%Correct answer is option 'C'. Can you explain this answer?
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The 25th meeting of the Goods and Services Tax (GST) Council was held in New Delhi on January 18, 2018. In this meeting, GST rate on services by way of admission to Amusement Parks may be reduced from 28% to _____?a)25%b)20%c)18%d)15%e)12%Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about The 25th meeting of the Goods and Services Tax (GST) Council was held in New Delhi on January 18, 2018. In this meeting, GST rate on services by way of admission to Amusement Parks may be reduced from 28% to _____?a)25%b)20%c)18%d)15%e)12%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The 25th meeting of the Goods and Services Tax (GST) Council was held in New Delhi on January 18, 2018. In this meeting, GST rate on services by way of admission to Amusement Parks may be reduced from 28% to _____?a)25%b)20%c)18%d)15%e)12%Correct answer is option 'C'. Can you explain this answer?.
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