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What is IGST ?explain in brief

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What is IGST ?explain in brief

Posted by Mohit Bahukhandi 5 years, 2 months ago

CBSE > Class 11 > Business Studies

5 answers

Mohit Bahukhandi 5 years ago

Thnxx to all

Shreya Jaiswal 5 years, 2 months ago

Integrated goods and services tax (IGST) would mean the tax levied under IGST Act on the supply of any goods and / or services in the course of inter-state trade or commerce. Integrated GST shall also apply to import of goods and services into India.

Sujal Garg 5 years, 2 months ago

IGST means Integrated Goods and Service Tax. IGST is a tax levied on all Inter-State sale or exchange of goods and/or services.

Gaur Saab?? 5 years, 2 months ago

IGST come in use when we purchase or sale with other states

Yogita Ingle 5 years, 2 months ago

IGST is levied on inter-state supply (i.e., supply outside the state) of goods and/or services, import of goods and/or services into India and export of goods and/or services from India

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