Question

what is gst 4 Mark's
​

Answer 1

Answer:

CGST

IGST

UGST

SGST

These are the types of Gst

Answer 2

Goods and Services Tax is an indirect tax used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes✔✔✔

Explanation:

The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.✔✔✔

Know about the types of GST in India

Highlights.

CGST, SGST and IGST are the 3 types of GST in India.

CGST and SGST are levied on intra-state transactions.

CGST is collected by the centre and SGST by the state.

IGST is charged on inter-state goods/services transactions.✔✔✔✔-----and father of G .S.T are----Who introduced GST in India? Prime Minister Narendra Modi launched GST into operation on the midnight of 1 July 2017. But GST was almost two decades in the making since the concept was first proposed under the Atal Bihari Vajpayee government.