What Are the Different Types of GST and When Do They Apply?
Understanding GST becomes much easier when you break it down into its different types. In India, GST is divided into CGST, SGST, IGST, and UTGST, each designed for specific transactions. CGST and SGST apply when goods or services are sold within the same state, while IGST is used for interstate transactions. It’s essentially the counterpart of State Goods and Services Tax but for Union...
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