Accountancy, asked by Anonymous, 11 months ago

what is IGST.......​

Answers

Answered by Anonymous
2

Hey mate ☺️

IGST stands for Integrated Goods and Services Tax.

IGST is levied on inter-state supply (sale) (i.e. supply or sale outside the state) of goods and / or services, import of goods/ or services into India and export of goods and / or services from India.

I Hope it helps you ☺️ ✌️ ✌️

Answered by ItsTogepi
21

IGST full form is Integrated Goods and Services Tax.

Integrated GST (IGST) is applicable on interstate (between two states) transactions of goods and services, as well as on imports. This tax will be collected by the Central government and will further be distributed among the respective states.

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