What are the components of GST?

1.	What are the components of GST?
Answer» Components of GST: The component of GST are of 3 types. They are: CGST, SGST & IGST. 1. CGST: Collected by the Central Government on an intra – state sale (e.g. Within state/ union territory) 2. SGST: Collected by the State Government on an intra – state sale {e.g. Within state/ union territory) 3. IGST: Collected by the Central Government for inter – state sale {e.g. Maharashtra to Tamil Nadu)

Answer»

Components of GST:

The component of GST are of 3 types. They are: CGST, SGST & IGST.

1. CGST: Collected by the Central Government on an intra – state sale (e.g. Within state/ union territory)

2. SGST: Collected by the State Government on an intra – state sale {e.g. Within state/ union territory)

3. IGST: Collected by the Central Government for inter – state sale {e.g. Maharashtra to Tamil Nadu)

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