Igst percentage
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Sgst full form.
What are SGST, CGST, IGST and UTGST?Cgst full form
A point-by-point guide on when is which applicable
Goods And Service Tax (GST), also known as value added tax, is a single indirect tax for the country. This tax is added to the final price of the product. There are four types of GST- IGST, SGST, CGST, UTGST.
Here's how the four types of GST vary from each other and when they are applicable —
What is IGST and when it is applicable?
Integrated Goods And Service Tax, or IGST, is a tax which is levied on all the interstate supplies of goods and services or the supply of good and services between two or more states or union territories.
Levy and collection of IGST is governed by IGST Act, 2017, which is amended from time to time.
IGST is applicable on all the supplies of goods and services whether it is import into India or export from India.
Under IGST, exports would be zero-rated and tax will be shared between central government and the state government.
What is CGST and when it is applicable?
Central Goods And Service Tax, or CGST, is a tax which is levied by the Central government o
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