Question

what do you understand by intra state trade​

Answer 1

Interstate business is business conducted between states. For example, if your company in state A provides a product or service for someone in another state (state B), you are conducting interstate business. Intrastate business is business conducted within a particular state.

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Answer 2

Intra state trade is the trade conducted between the States.

• If an enterprise in state Maharasthra provides commodities to someone in Gujarat, then the enterprise is conducting an intrestate trade.
• Whereas, Intrastate business is when an enterprise conducts trade within a specific state. For example: Trade only in Gujarat. It is critical because states only have the authority to control intrastate business.
• Therefore, if an enterprise conducts intrastate business with an out-of-state enterprise in their state of residence, then they must obtain a certificate of authority to carry out business in that state.