Destination-based consumption tax under GST

Destination-based consumption tax - Explain

 

When a deliver originates in a single state and is consumed in any other state, tax can accrue to either of the two states. In a vacation spot primarily based intake tax, taxes accrue to the state in which the deliver is consumed. In foundation based tax, the tax accrues to the state wherein the supply originates. GST is essentially a destination primarily based consumption tax. As an example, if a car is manufactured in Mumbai however is bought in the end by means of a customer in Hyderabad, SGST (or the state aspect in IGST) might accrue to Maharashtra and not to Tamil Nadu.

 

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