What is IGST? How does GST work? How to compare GST and IGST?
What is IGST? How does GST work? How to compare GST and IGST?
GST expands as Goods and Service Tax.
GST is introduced by eliminating many indirect taxes like Central Excise Tax, Sales Tax/VAT, Service Tax etc. Unlike present tax regime, GST is levied at the end user level of distribution of goods.
IGST means Integrated Goods and Service Tax. IGST is one of the three types of GST (The other two are CGST and SGST
The details about GST and IGST is explained separately in this web blog with simple terms, smooth language and easy to understand. You may click below links to read more about GST and IGST.
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