Category: IGST ACT

Integrated Goods & Services Tax : IGST – An Overview

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1. The introduction of Goods and Services Tax (GST) is a significant reform in the field of indirect taxes in our country. Multiple taxes levied and collected by the Centre and the States will be replaced by one tax called the Goods and Services Tax (GST). GST is a multi-stage value added tax levied on … Continue reading Integrated Goods & Services Tax : IGST – An Overview

IGST Act

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Integrated Goods and Service Tax Act received the assent of the President on the 12th April 2017. IGST act will make a provision for levy and collection of tax on Inter-State supply of goods or services or both by the Central Government. IGST Act has 9 chapters and 25 sections. CHAPTER I: PRELIMINARY CHAPTER II: … Continue reading IGST Act