Integrated GST is levied on _______ sales :
(A) Intra - state
(B) Inter – state
(C) Every transaction
(D) None
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Explanation:
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.
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Question
- Integrated GST is levied on _______ sales :
Answer
- (B) Inter – state
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