What Are the Main GST Components Used in India?
Goods and Services Tax (GST) in India is broadly classified into four main components: CGST, SGST, IGST, and UTGST. The applicable type depends largely on the location of the supplier and the recipient and whether the transaction is within a state or across state boundaries. CGST and SGST are generally applied together on eligible intra-state supplies, whereas IGST is generally used for...
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