Which of the following taxes is levied on a taxable inter-State supply under GST?
IGST is levied on taxable inter-State supplies under the Integrated Goods and Services Tax Act, 2017. CGST together with SGST or UTGST applies to corresponding intra-State…
Choose your answer
Which of the following taxes is levied on a taxable inter-State supply under GST?
Answer and explanation
Correct answer D
IGST is levied on taxable inter-State supplies under the Integrated Goods and Services Tax Act, 2017. CGST together with SGST or UTGST applies to corresponding intra-State supplies rather than replacing IGST on inter-State supplies.
Practice for these exams
-
Gujarat SET (GSET)