Question

CGSt and SGST explain in own words not a book language​

Answer 1

$\huge\red{HELLO!!}$

CGST means Central Goods and Service Tax.It falls under GST category. It is levied under the consumption and supply of goods and services goods and services, the proceeds of which will be attributable to the Centre, as per the CGST Act.

SGST rate or State GST rate is levied on the consumption and supply of goods and services, the proceeds of which will be attributable to the States, as per the SGST Act – which is passed and recognised by the assemblies of respective States.

Hope it helps you

Answer 2

Answer:

hiii frnd here is ur answer....

Explanation:

CGST and SGST are both part of GST....

CGST... means central goods service taxes

SGSTs... means state goods service taxes ....

Since GST is a destination based tax, an end user consuming any goods or services is liable to pay the Goods and Services Tax. The tax is received by the State in which the goods or services are consumed and not by the state in which such goods are manufactured. In cases of exports, the seller of the goods or services is exempted from paying the tax......

hope it helps u friend.....