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Types of GST in India - IGST, SGST, CGST & UTGST Explained
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WebUnderstanding the concept of IGST (Integrated Good and Service Tax), CGST (Central good and Service Tax), and SGST (State Good and Service Tax) interstate supply vs … WebOct 10, 2024 · Suppose the applicable tax rates for the goods sold are CGST= 9%, SGST=9%, and IGST=9+9=18%. Since A is selling this to B in Maharashtra itself, it is an … WebSales tax is a tax that is paid to a tax authority for the sale of goods and services. Sales taxes can also be referred to as retail, excise, or privilege taxes, depending on the state. Sales tax is paid by the buyer and is collected by the seller. The seller has the obligation to remit the tax to the proper tax agency within a prescribed period. avalon haircut