Difference between CGST and IGST

gauri agrawal

self employed

223 Points Posted on 22 May 2017

igst is the gst that is to be charged when the supply is made between two different state for example supply between uttar pradesh and maharashtra in such a supply supplier will charge igst on invoice amount.cgst (centre goods ans service tax) sgst (state goods and srvice tax)is charged when supply is within the same state for example supply between indore and jabalpur both the city are in mp therefore cgst and sgst will be charged.

yagantipullareddy

accounts officer

51 Points Posted on 22 May 2017

it means that both c&sgst applicable on all products, irrespective of whether item is under state or Central related item.

Guest

Your doubt will be cleared after seeing this video https://youtu.be/SALnvequJNw

Sushil Dhiman

Sr.Officer Accounts

25 Points Posted on 22 May 2017

Wht about the input credit inder gst

pls help

satya

Executive Excise

1839 Points Posted on 22 May 2017

#YPR garu,

SGST+CGST are applicable only with in STATE sales only.

when you are selling another state or Export IGST applicable.

yagantipullareddy

accounts officer

51 Points Posted on 22 May 2017

thanks sathya, still I have doubt...... how/why both (c & sgst) taxes within the state. is it central & state share on each sale that happens within the state.....
..... please clarify.... thanks

satya

Executive Excise

1839 Points Posted on 23 May 2017

CGST (Excise n Service Tax)

SGST (VAT,Entry tax, Octroi)

earlier also we are having both Excise and VAT for Intra state supplies.

yagantipullareddy

accounts officer

51 Points Posted on 23 May 2017

clear..... thanks...

K L Agrawal

Accounts Manager

6 Points Posted on 22 June 2017

Thanks.............

K L Agrawal

Accounts Manager

6 Points Posted on 22 June 2017

How GST will work on Marble Manuf. Idustry.....likewise Rate, Category of marble, Rate on marble block.Rate on finished marble, etc..........

K L Agrawal

Accounts Manager

6 Points Posted on 22 June 2017

Will RCM be applicable on men power supplyer( labour contract) after GST? Also how it have impact on basis on status likewise individual, partnership firm, companies etc....