IGST
IGST stands for Integrated Goods and Services Tax. It is a tax levied on the supply of goods and services in India where the location of the supplier and the place of supply are in different states. This means IGST applies to interstate transactions, as opposed to intrastate transactions which are subject to CGST (Central Goods and Services Tax) and SGST (State Goods and Services Tax).
The IGST Act, 2017, governs the levy and collection of this tax. It is designed to ensure
For instance, if the GST rate on a particular product is 18%, and it's sold from State