CGST: Radhika will collect Rs. 3,600 as CGST, representing 9% of the transaction value. This amount will be remitted to the Central Government. SGST: Radhika will also collect Rs. 3,600 as SGST, which again represents 9% of the transaction value. This portion of the tax will be deposi...
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It is one of the three categories under Goods and Service Tax (CGST, IGST and SGST) with a concept of one tax one nation. SGST falls under State Goods and Service Tax Act 2017. A simple understanding could be that, when SGST is being introduced, the present state taxes of State Sales...
The full form of IGST under GST law is Integrated Goods and Service Tax. Continue reading this article to understand IGST Act 2017 in detailed.
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