Tax revenue

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40 Points Posted on 14 May 2021
If a karnataka seller sells his product to a kerala consumer buyer through online under IGST billing and
if the igst collected is Rs 100,how much tax goes to which state and how much to the centre?
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On 14 May 2021 at 21:04 Report
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This discussion clarifies the distribution of IGST collected on online sales from Karnataka to Kerala. When Rs 100 IGST is collected, Kerala receives Rs 70.50 and the central government receives Rs 29.50. The conversation also touches upon whether this split accounts for the central government's share that is subsequently returned to states.

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354 Points Posted on 15 May 2021
70.50 will go to kerala state and rest 29.50 to central gov.
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On 15 May 2021 at 12:33
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40 Points Posted on 17 May 2021
Thank you sir. My limited understanding is 50% for kerala and balance 50% for the centre. When you say it is 70 and 30, is it after taking into account the 41% of centres share which goes back to the states?
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On 17 May 2021 at 19:13

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