Having spent some time in India at the beginning of the month, things are a lot clearer now and what I thought was a complete mess up by the Indian tax authorities actually now make a lot of sense and has built in GST fraud prevention to the solution. Be warned though, this is not a tax regime that is going to be easy to set up – get in the professionals. So what can we expect? As you will all be aware now, we have the four types of GST; CGST SGCT IGST UTGST For your ERP consideration, you can treat UTGST as the same as SGST. What does this mean to you? The easiest way to explain this is with the following scenario. Import goods from the US – IGST is calculated Sell same goods from your state to a customer in your state – then CGST and SGST are determined. At the time of writing I do not know the split but if it is for 18% GST then expect something like CGST 9% and SGST 9% and not CGST 18% and SGST at 18% as I have seen documented on some blog postings. If the same goods are then
Source: Update for India GST – Latest Updates May 2017
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