1. What is the full form of SGST? The full form of SGST is State Goods and Services Tax. 2. Who is liable to pay SGST? Businesses and individuals who conduct intrastate transactions of goods and services are liable to pay SGST. 3. What are the different types of supplies under SGST?
The full form of SGST under GST law is State Goods and Service Tax aka State GST, which is one of the tax components of GST in India. Read to know the SGST Act 2017 in detail.
1. What is the full form of CGST? CGST stands for Central Goods and Services Tax. 2. What is the full form of SGST? SGST means State Goods and Services Tax. 3. What is the full form of UGST? UGST stands for Union Territory Goods and Services Tax. 4. What is the full form of ...
Before the introduction ofGST, there were multiple taxes, such as the service tax, central excise, and state value-added tax (VAT). However, GST is just one tax with three categories—IGST, SGST, and CGST—that depend on whether the performed transaction is intrastate or interstate. What de...
The Goods and Service Tax also called as GST was introduced in India as a form of indirect tax. It was first approved in the parliament on 29 March 2017 and was effectively implemented on 1 July 2017. GST superseded other forms of indirect taxes like excise duty VAT and other service taxe...