what is the structure of gst
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The GST tax structure will comprise of the Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST) and Integrated Goods and Service Tax (IGST). The four slab tiers of the GST tax structure will be 5 per cent, 12 per cent, 18 per cent and 28 per cent.
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1. goods supplied or services provided.
it has two types...
1)intra state (within the state).
2)inter state ( outside the state or between two states) ...
intra state has two types..
1.CGST(central GST)
2.SGST(state GST)...
BUT...
inter state has only one type...
1.IGST(integrated GST) & Additional tax ****
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