How to differentiate SGST and CGST?
CGST & SGST are part of GST, Goods and Service Tax.
CGST expands as Central Goods and Service Tax and SGST is the short form of State Goods and Service Tax.
Different indirect taxes of Central Excise Duty, Central Sales Tax CST, Service Tax, Additional excise duties, excise duty levied under the medical and toiletries preparation Act, CVD (Additional Customs duty – Countervailing Duty), SAD (Special Additional Duty of customs) surcharges and cesses are merged with CGST. Under SGST, the taxes like State Sales Tax, VAT, Luxury Tax, Entertainment tax (unless it is levied by the local bodies), Taxes on lottery, betting and gambling, Entry tax not in lieu of Octroi, State Cesses and Surcharges in so far as they relate to supply of goods and services etc. are subsumed.
The major share of tax revenue under CGST is meant for central government where as SGST tax revenue is for state government.
More details about CGST and SGST are described below to click:
What is SGST in brief?
Details about CGST, click here
The above information differentiates CGST and SGST. Share below your comments about this brief difference between CGST&SGST.
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
How to export goods from India?
How to get Export Order?
Export benefit schemes in India
Export procedures and documentation
Difference between VAT and Central Excise Tax
Difference between VAT and CENVAT
How does Central Excise Tax work?
CST, Central Sales Tax
VAT, Value Added Tax
Difference between IGST and SGST
Types of GST in India
Difference between CGST and IGST
GST on Imports in India
What is SGST in brief?
What is IGST in brief?
What is CGST in brief?
A very brief description about GST
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
Is DP terms of payment safe in export business?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
What is Rummaging
How does First Appraisement system of import customs clearance procedures work?
How does Letter of Credit work?
How does STP units work in India?
How does TT (Telegraphic Transfer) work?
How does Wire transfer work in international business?
Sea carriers
sea exports
SEZ benefits
Shipping lines worldwide
Short shipment in Export business
Shut out procedures to get back goods to exporter's place
Spelling error in LC? Is wrong spelling a discrepancy under Letter of credit?
Stuffing and De stuffing – 2 regular terms used in shipping
Surrender of Bill of Lading – Some facts
Definition of E-Commerce under GST
How to identify the steps in enrolment process of a tax payer at the GST common portal.
TDS under GST, Frequently Asked Questions
Does Interest attract on GST Tax payment delay?
Step by step procedure to login with GST common portal in India
Mechanism of Payment of GST tax in India
Levy of late fee for GST Tax returns filing in India
I pay Service Tax on my services. But I am not sure how do I pay the new GST?
Notice to GST return filing defaulters
When to file Annual Return of GST online?
Procedures to claim reduction in output tax liability of GST in India
Process to issue GST Provisional ID to existing VAT payers in India
Procedures to claim Input Tax Credit under GST in India
When to file first Return of GST tax in India?
GST Tax returns filing – Who, How and When?
Step by step procedures to create username and password in GST common portal
How is time of supply accounted under GST Tax Calculation
Valuation of GST under special cases
Valuation of GST Taxable supply
Step by step procedures to issue GST provisional ID in India
When to pay GST for supply of services?
When to pay GST?
GST on short supplied goods and services by nature
Minimized GST slab rate on sale or purchase of Perforating or stapling machines, pencil sharpening machine
Minimized GST slab rate on sale or purchase of Pre cast Concrete Pipes
Lowered down GST amount of rate on Cashew nut in shell
Lowered down GST amount of rate on sale or purchase of Instruments for measuring length
Changes of operation of SEZ
Does CVD exists under project imports?
Baggage clearance after GST implementation
Refund of SAD paid on imports
How to claim ITC under imports?
Power to grant exemption from tax, UTGST Act 2017
Section 6 of UTGST Act, 2017
Authorization of Officers, UTGST Act 2017
Period of retention of accounts, Sec 36 of CGST Act, 2017
Section 35 of CGST Act, 2017 Accounts and other records
Union territory tax (Rate) Notification No. 45 of 2017 DT 14th November, 2017, GST
Integrated Tax (Rate) Notification No. 48 of 2017 DT 14th November, 2017, GST
Central Tax Notification No 43 of 2017 dt 13th October, 2017 under GST
CUSTOMS Notification No. 78 of 2017 dt 13th October, 2017
Integrated Tax Notification No. 9 of 2017 DT 13th October, 2017, GST