GST India Forum – Goods and Services Tax (GST) in India › Forums › Bare Law › Sec 2(58) – Integrated Tax
- Adarsh MadrechaModeratorApril 14, 2017 at 3:34 AMPost count: 57Topics: 36
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“integrated tax” means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act;Priya MadrechaModeratorMay 22, 2017 at 5:58 PMPost count: 280Topics: 4
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Tax levied under the IGST Act is referred to as “Integrated tax” as opposed to “IGST” as used in the model GST laws. It refers to the tax charged under the IGST Act on inter-State supply of goods or services or both (other than supply of alcoholic liquor for human consumption). The rate of tax is capped at 40% and will be notified by the Central Government based on the recommendation of the Council.
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