IGST Query

IGST refers to the Integrated Goods and Services Tax which is a part of GST under the concept of one nation one tax. IGST is charged when movement of goods and services from one state to another. IGST is one of the 3 types of taxes and is under the Integrated Goods and Services Tax Act, 2017(i.e SGST CGST & IGST).

IGST = CGST+SGST. 
It is a destination based tax 
IGST will lower tax burden by taxing Inter-State transaction only once.
B2B transactions – tax will flow to the State where Purchaser claims Input Tax Credit.
B2C transactions – tax will flow to the State of Consumer, otherwise tax will remain in the State of Seller.