When to pay IGST?
What are the situations where IGST is levied?
IGST is one of the three components of GST tax system in India. IGST is the short form of Integrated Goods and Service Tax.
When does the IGST levy on Goods and services? Is IGST payable on exports? Why does IGST attract on imports? Is interstate transfer of goods attracted IGST?
Centre levies IGST at four different situations.
IGST for movement from one state to another state of India
If goods and (or) services are moved from one state to another, IGST is levied on such goods and services. So mainly, IGST is charged on interstate supply of goods and services.
IGST for stock transfer of goods
The IGST is charged by centre for stock transfers of goods from one state to another. So, inter-state stock transfer of goods attracts IGST in the new GST tax regime.
IGST on import of goods to India
IGST is taxed up on import of goods and or (and) services, as imports to India attracts IGST by replacing CVD (Counter Vailing Duty) and SAD (Special Additional Duty).
IGST for export of goods under GST rebate claim
If GST rebate is under claim for any export of goods and (or) services, such exports also attracts IGST.
The above posts explain, when IGST is payable in India under GST Tax regime.
Comment below your suggestions about this article, Areas where IGST (Integrated Goods and Service Tax) collects?
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?
GST on Imports in India
Difference between CGST and SGST
What is SGST in brief?
What is IGST in brief?
What is CGST in brief?
How to export goods from India?
How to get Export Order?
Export benefit schemes in India
Export procedures and documentation
Difference between Central Excise Tax and CENVAT
Difference between VAT and CENVAT
Difference between VAT and Central Excise Tax
Difference between CST and CENVAT
How to distinguish between Central Excise Tax and CST
Difference between CST and VAT
Difference between SGST and Central Excise Tax
Difference between SGST and CST
Difference between SGST and VAT
Difference between CGST and CENVAT
How to obtain a duplicate BL, if original bill of lading lost.
How to obtain GSP - Certificate of Origin?
How to obtain Phyto sanitary certificate. What is phytosanitary certification
How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS
TYPES OF MARINE INSURANCE POLICIES
Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading
USDA hold by US customs for import cargo
Vessel sailing in export business
How to amend measurements in IGM (Import General Manifest) in India
How to amend number of packages in Import General Manifest (IGM)
We have IEC, can we export from all ports?
What are the legal documents in exports
What does ECGC do on default of payment of any overseas buyer?
What happens if Date difference in HBL & MBL
Transferability of Bill of Lading
Transhipment - A redefinition
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular export
Triangular shipment
Types of Insurance Documents.
What happens if overseas buyer not paid export bills discounted.
What happens if proper tracking of goods not effected in export import business?
What happens if your buyer rejects cargo? What are the major problems if consignee not taken delivery of cargo?
Refund of Input Tax Credit (ITC) of GST, FAQ
Refund of GST paid in India, FAQ
4 Conditions when applying for refund of Input Tax Credit (ITC) under GST
Difference between types of goods and services and types of GST
4 types of Goods and Services in India for GST rate
Difference between IGST on International goods and IGST on domestic goods.
How is IGST calculated under Imports?
How is IGST rate on imports treated?
GST and e-Commerce Business, FAQ
Definition of E-Commerce under GST
TDS under GST, Frequently Asked Questions
Does Interest attract on GST Tax payment delay?
Mechanism of Payment of GST tax in India
Levy of late fee for GST Tax returns filing in India
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
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?
How is time of supply accounted under GST Tax Calculation
Valuation of GST under special cases
Valuation of GST Taxable supply
When to pay GST for supply of services?
When to pay GST?