What is GST?
GST (Goods and Service Tax) is indirect tax imposed in India which is levied on the supply of goods and services. GST came into effect on 1st July 2017 and replaced most indirect taxes such as Service Tax, VAT, Excise Tax, etc. GST is applied at each stage of production and distribution, based on value addition, and it is destination-oriented.
Central Goods and Service Tax (CGST)
Collected By Central Government
Applicable on Intra State Supply
CGST and SGST are charged simultaneously
Governed by CGST Act,2017
State Goods and Service Tax (SGST)
Collected By State Government
Applicable on Intra State Supply
CGST and SGST are charged simultaneously
Governed by SGST Act,2017
Integrated Goods and Service Tax (IGST)
Collected By Central Government
Applicable on Inter State Supply and Import
Governed by IGST Act,2017
Union Territory Goods and Service Tax (UTGST)
Collected By Union Territory
Applicable on Intra-territory Supply
Governed by UTGST Act,2017
Delhi, Jammu and Kashmir and Puducherry do not fall in UTGST as they have their own Legislature
Unlimited Sales Invoice
Unlimited Quotation
Unlimited Purchase Order
Basic Reports
