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Dear student,
CGST: CGST stands for Central goods and services tax. This account came into existence in case of intrastate sales or purchase. CGST is levied as 50% of the total applicable tax rate. For instance, if the applicable tax rate is 12% the amount of CGST will be 6% of the transaction value. At the time of purchase, the CGST input account is debited and at the time of sales, the CGST output account is credited.

SGST: Under GST, SGST is a tax levied on Intra State supplies of both goods and services by the State Government and will be governed by the SGST Act

IGST: Under GST, IGST is a tax levied on all Inter-State supplies of goods and/or services and will be governed by the IGST Act. IGST will be applicable on any supply of goods and/or services in both cases of import into India and export from India.
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Input tax credit is the credit manufacturer's received for paying input taxes towards inputs used in the manufacture of products. Similarly, a dealer is entitled to input tax credit if he has purchased goods for resale. All dealers are liable for output tax on taxable sales done in the process of his business.
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