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How will be Inter-State Transactions of Goods and Services be taxed under GST in terms of IGST method?  

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Actouch Technologies
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Joined: 11 months  ago
Posts: 56
January 31, 2017 10:57 am  

In case of inter-State transactions, the Centre would levy and collect the Integrated Goods and Services Tax (IGST) on all inter-State supplies of goods and services.

 

The inter-State seller would pay IGST on the sale of his goods to the Central Government after adjusting credit of IGST, CGST and SGST on his purchases (in that order).


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