if the goods are purchased by a dealer in Jaipur from a manufacturer in Kolkata the type of tax will be
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if the goods are purchased by a dealer in Jaipur from a manufacturer in Kolkata the type of tax will be,
The Integrated GST (IGST) will be levied on every transaction of taxable supply of goods & services on an inter-state basis. Further, it would be levied on the same price or value computed as per sec 15 of CGST Law.
IGST
Under GST, IGST is a tax levied on all Inter-State supplies of goods and/or services and will be governed by the IGST Act. IGST will be applicable on any supply of goods and/or services in both cases of import into India and export from India. Note: Under IGST, Exports would be zero-rated. IGST will be applicable on any supply of goods and/or services in both cases of import into India and export from India.
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