Gst will replace all indirect tax as VAt, CST, Entry tax and etc. GST will apply on supply of goods and service, Then how and when entry tax as applied on goods or double GSt will be applied for i.e. IGST on supply of goods and GST on the time of import goods?
27 March 2017
There in no place for entry tax, VAT, service Tax, Excise etc. in GST Regime i.e. all taxes are abolished and merged under one tax GST and same will be levied in following manner :-
- Intra State Supply -> CSGT and SGST - Inter State Supply -> IGST (which is equals to CGST+SGST)
CAclubindia
