Question

meaning of cgst and igst

Answer 1

IGST means Integrated Goods and Service Tax,

CGST means Central Goods and Service Tax

Answer 2

Answer:

CENTRAL GOODS SERVICE TAX and INTEGRATED GOODS AND SERVICES TAX

Explanation:

The Meaning of CGST with Full Form

CGST means Central Goods and Service Tax. CGST is a part of goods and service tax. It is covered under Central Goods and Service Tax Act 2016

IGST stands for Integrated Goods and Services Tax. IGST is one of the three components of Goods and Services Tax. IGS tax is levied when there is an inter-state transfer of goods and services.