The single tax implemented from 1st July 2017 was likely to reduce prices of which kind of products? Give example of any three items which are exempted from GST and why? Give reason.
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Goods and Services Tax (GST) which was implemented from 1st July 2017 is likely to reduce the price of essential items like food items, fresh vegetables etc.The three items exempted from the Goods and Services Tax are:
  1. Common salt.
  2. Health services.
  3. Educational services.
All the above three items are essential items which are consumed by the masses, so keeping the social welfare motive in mind, the government has exempted them from GST.
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