Which one of the following items is not covered under GST?
- A.Cosmetics
- B.Medical grade oxygen
- C.Jewellery
- D.Petrol
Correct answer
Explanation
The correct answer is D, Petrol. Petrol is one of the petroleum products kept out of GST for now, so it still bears central excise duty and state VAT.
The Goods and Services Tax came into force on 1 July 2017 through the 101st Constitutional Amendment. Article 279A lets the GST Council decide the date from which five products will be taxed under GST: crude petroleum, high speed diesel, motor spirit (petrol), natural gas and aviation turbine fuel. Until the Council recommends that date, these fuels remain outside GST, and the Centre and the states tax them separately. Alcohol for human consumption is kept out of GST altogether by the Constitution.
A is wrong because cosmetics are taxed under GST like most other consumer goods. B is wrong because medical grade oxygen is also taxed under GST, at a concessional rate. C is wrong because jewellery is taxed under GST at a special low rate meant for gold and precious items.
Exam tip: Outside GST for now: crude, diesel, petrol, natural gas, ATF (Article 279A); alcohol for drinking is out altogether.
Practice Questions
View allThe Khushkhera-Bhiwadi-Neemrana Investment Region is a node of the Delhi Mumbai Industrial Corridor in which state?
- A.Haryana
- B.Rajasthan
- C.Uttar Pradesh
- D.Gujarat
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Khushkhera, Bhiwadi and Neemrana lie in the Alwar and Khairthal-Tijara belt of north-eastern Rajasthan, close to the Delhi border and on the Delhi-Jaipur highway, and the region is already a cluster of automobile ancillary, electronics and Japanese-owned units.
Read the full explanation →The Vikram Udyogpuri integrated industrial township, a node of the Delhi Mumbai Industrial Corridor, lies near which city?
- A.Indore
- B.Ujjain
- C.Bhopal
- D.Jabalpur
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Vikram Udyogpuri is an integrated industrial township developed near Ujjain in Madhya Pradesh as one of the state's two nodes in the Delhi Mumbai Industrial Corridor.
Read the full explanation →The National Industrial Corridor Development Corporation works under which ministry?
- A.The Ministry of Road Transport and Highways
- B.The Ministry of Commerce and Industry
- C.The Ministry of Heavy Industries
- D.The Ministry of Railways
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The National Industrial Corridor Development Corporation, which was earlier the Delhi Mumbai Industrial Corridor Development Corporation, is the implementing agency of the National Industrial Corridor Development Programme and functions under the Department for Promotion of Industry and Internal Trade in that ministry.
Read the full explanation →Ponneri, Tumakuru and Krishnapatnam are the nodes of which industrial corridor?
- A.The Bengaluru Mumbai Economic Corridor
- B.The Chennai Bengaluru Industrial Corridor
- C.The Hyderabad Nagpur Industrial Corridor
- D.The East Coast Economic Corridor
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Its three nodes are Ponneri in Tamil Nadu, Tumakuru in Karnataka and Krishnapatnam in Andhra Pradesh, and the corridor is developed with Japanese cooperation to link the engineering and automobile cluster of Chennai with the electronics and machine tool cluster of Bengaluru.
Read the full explanation →The Visakhapatnam Chennai Industrial Corridor forms the first phase of which larger corridor?
- A.The East Coast Economic Corridor
- B.The Delhi Mumbai Industrial Corridor
- C.The Amritsar Kolkata Industrial Corridor
- D.The Odisha Economic Corridor
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The Visakhapatnam Chennai stretch was taken up as its first phase, with nodes at Visakhapatnam, Machilipatnam, Donakonda and Srikalahasti-Chittoor.
Read the full explanation →