Difference between IGST and VAT

 

How to distinguish between VAT and IGST?


Difference between IGST and VATWhat is VAT? How does IGST work? What is the difference between IGST and VAT?


The expansion of the word IGST is Integrated Goods and Service Tax. IGST is a part of GST system implementing by 2017. VAT is being abolished when GST implements. VAT is collected at the time sale of goods. IGST is collected at the end stage of distribution of goods, that means at end user stage.


The details about IGST and VAT is mentioned in simple language with easy understanding for a layman in this web blog. You may click below links to know more:



How does IGST work?

 


What is Value Added Tax, VAT



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