Difference between SGST, CGST and IGST?

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Difference between SGST, CGST and IGST? 2016-12-24T16:34:14+00:00

GST India Forum – Goods and Services Tax (GST) in India Forums Discussion Difference between SGST, CGST and IGST?

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  • AmitAmit
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    #530 |

    What is the meaning of SGST, CGST and IGST when there should be just one kind of tax to be levied?

    Ashish BadalaCA Ashish Badala
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    All the indirect taxes will be replaced by a single tax i.e.GST
    It will comprise of:-
    Central GST(CGST)
    State GST(SGST)
    Integrated GST(IGST)

    The GST to be levied on intra-State supply of goods and / or services
    by the Centre- Central GST (CGST)
    by the States- State GST (SGST).
    Similarly GST to be levied and administered on every inter-state supply of goods and services by Centre- Integrated GST (IGST).

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    Adarsh MadrechaAdarsh Madrecha
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