Understanding GST (Part II)..

While Central GST (CGST) and State GST (SGST) would be easier to implement, the challenge would be to track the flow of goods and and implement inter-state GST (IGST). In case of inter-State sales, under the present system, the Centre levies a tax (Central Sales Tax) but the tax is collected and retained entirely by the originating states.

Continue Reading

Leave a Reply

Your email address will not be published. Required fields are marked *