Service Tax Rate in India went up to 18 percent from 15 percent on July 1st 2017. The Goods and Services Tax (GST) is levied at multiple rates ranging from 0 percent to 28 percent, with lower rates for essential items and the highest for luxury and de-merits goods. Sales Tax Rate in India averaged 13.97 percent from 2006 until 2019, reaching an all time high of 18 percent in 2017 and a record low of 12.36 percent in 2012.
Sales Tax Rate in India is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Sales Tax Rate - GST is projected to trend around 18.00 percent in 2020, according to our econometric models.