About this document
GST Overview and Calculation Guide by Alok Raj is a document available to read on EtoBox.
GST (Goods and Services Tax) replaced 13 indirect taxes in India and is levied by the Central and State governments. CGST is collected by the Central government for intra-state sales, SGST by the State government, and IGST for inter-state sales. GST rates range from 0-28% and are applied at each stage of production. Input GST can be deducted from output GST to determine tax payable or credit available. Some examples calculate GST payable or credit based on input and output GST amounts.
- Author
- Alok Raj
- Language
- EN