Difference between IGST and GST

 

What is the difference between GST and IGST?


Difference between IGST and GSTWhat is IGST? How does GST work? How to compare GST and IGST?

GST expands as Goods and Service Tax.

GST is introduced by eliminating many indirect taxes like Central Excise Tax, Sales Tax/VAT, Service Tax etc. Unlike present tax regime, GST is levied at the end user level of distribution of goods.


IGST means Integrated Goods and Service Tax. IGST is one of the three types of GST (The other two are CGST and SGST


The details about GST and IGST is explained separately in this web blog with simple terms, smooth language and easy to understand. You may click below links to read more about GST and IGST.



GST, A simple, easy and brief explanation


A Brief explanation about IGST

This post explains about difference between GST and IGST in easy terms to make simple to understand.

Would you like to add more information about difference between IGST and GST, share below your thoughts:

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No need to pay GST on sale of Puffed rice

No need to pay GST on sale of parched rice

Nil rate of GST on sale of parched paddy or rice coated with sugar

GST slab rate on sale or purchase of Rusks, toasted bread and similar toasted products

GST slab rate on sale or purchase of Waffles and wafers other than coated with chocolate or containing chocolate

GST on purchase or sale of Pizza bread

GST on sale or purchase of Pastries and cakes

GST taxable rate on sale or purchase of Pasta

GST taxable rate on sale or purchase of Mixes and doughs for the preparation of bread, pastry and other baker's wares

GST slab rate on Biscuits, Sweet biscuitsand other biscuits business

Scaled down GST rate on Menthol and menthol crystals

GST scheduled rate on Extracts, essences and concentrates of coffee business

Lowered down rate of GST on Mustardsauces

Lowered down rate of GST on Ketchup and Sauces


Comments


Sunny saha: I want to know that in what manner we have to brake the GST tax on the time of other state prchase..??

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