Which of the following are the tax categories under the GST?
A. 5%
B. 10%
C. 12%
D. 20%
E. 28%
Choose the correct answer from the options given below:

Correct option is C

Under the Goods and Services Tax (GST), there are several tax rate categories, which are as follows:
1. Standard Rate: The standard rate of GST in India is currently 18%. This rate is applicable to most goods and services, including essential commodities like food and medicines.
2. Nil Rate: Some goods and services are exempt from GST and attract a nil rate. This includes goods like fresh vegetables and fruits, unprocessed cereals, books, and newspapers.
3. Lower Rate: Some goods and services attract a lower rate of GST, which is currently set at 5%. This includes goods like footwear, textiles, and some consumer durables.
4. Higher Rate: Some goods and services attract a higher rate of GST, which is currently set at 28%. This includes luxury goods like cars, yachts, and private jets, as well as sin goods like tobacco and alcohol.
5. Other Rates: In addition to the above categories, there are also specific rates of GST applicable to certain goods and services. For example, there is a 12% rate applicable to hotels and lodges with room tariffs between Rs. 1,000 and Rs. 2,500, and a 3% rate applicable to gold and other precious metals.
Hence, options (A), (C) and (E) are correct.