UPSC Prelims 2018 Question:

Consider the following items:

1. Cereals 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)?

Explanation:

• • The Goods and Services Tax (GST) in India was implemented on July 1, 2017. It replaced all other types of indirect taxes applicable on goods and services. Instead of VAT, Service Tax, etc., a single GST is charged. Following is the list of products that are kept outside the purview of GST:

• Eggs (Cooked/Uncooked). So, point 2 is correct.

• • • Fresh milk

• Fish (Unprocessed and Uncanned). So, point 3 is not correct.

• • • Fresh fruits, Fresh vegetables
    • Unbranded atta (flour) and maida

• Unpacked foodgrains (Cereals, pulses). So, point 1 is correct.

• • • Unpacked paneer
    • Gandhi topi
    • Human blood
    • Indian national flag
    • Judicial, Non Judicial stamp papers, Court fee stamps
    • Salt
    • Water (other than aerated, mineral, purified)

• Printed books, including Braille books and newspaper, periodicals & journals. So, point 4 is correct.

• • Contraceptives (Condoms)
    
    

Therefore, option (3) is the correct answer.

Subject: Economics | Taxation