GST which came into effect from 1st July, 2017 has four (04) tax slabs applicable to the commodities and services in India. Which of the following tax slabs are correct?
1
5%, 12%, 18% and 28%
2
5%, 8%, 12% and 18%
3
8%, 12%, 18% and 28%
4
8%, 12%, 15% and 18%