Now Goods and service tax is largest collection of revenue to Central Government of India and State Government
Type of GST
According the provision of Goods and Service Tax Act 2017. There are three type of GST
- IGST mean Integrated Goods and Service Tax
- . CGST mean Central Goods and Service Tax
3.SGST mean State Goods and Service Tax
How Many type of GST in India?
There are three type of GST in India
- IGST mean Integrated Goods and Service Tax
2 . CGST mean Central Goods and Service Tax
- SGST mean State Goods and Service Tax
What are the 3 Type of GST ?
- IGST mean Integrated Goods and Service Tax
2 . CGST mean Central Goods and Service Tax
- SGST mean State Goods and Service Tax
What is GST and different types of GST ?
According the provision of Goods and Service Tax ACT,2017 GST is a Act passed by Indian Parliament. The bill was passed by the Rajya Sabha on 3 August 2016, and the amended bill was passed by the Lok Sabha on 8 August 2016. The bill, after ratification by the States, received assent from President Pranab Mukherjee on 8 September 2016, and was notified in The Gazette of India on the same date.
And different types of GST
- IGST mean Integrated Goods and Service Tax
2 . CGST mean Central Goods and Service Tax
- SGST mean State Goods and Service Tax