IGST

Under GST, IGST is a tax levied on all Inter-State supplies of goods and/or services and will be governed by the IGST Act. IGST will be applicable on any supply of goods and/or services in both cases of import into India and export from India.

Note: Under IGST,

  • Exports would be zero-rated.
  • Tax will be shared between the Central and State Government.

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