1. What are the types of GST Payments under the GST regime?
Under the GST regime, there are various types of GST bill payment and they are:
Intra-state supply; wherein the taxpayer is required to pay CGST that goes into the Central Government Account and SGST/UTGST that goes into the account of the concerned Union Territory or State.
Inter-state supply; in this type of supply, the taxpayer is required to pay IGST which will have components of both CGST and SGST and GST payment received directly remits to the Central Government account.
…
Source Mastersindia
Latest Posts in "India"
- AAR Rules GST Applies to Small Packaged Shrimp Exports, Citing Retail Packaging Criteria
- Supreme Court to Decide if Leasehold Rights Transfer is Taxable Under GST Law
- Only Entity Named as Exporter in Customs Documents Can Claim Service Tax Refund: CESTAT
- CESTAT: Testing Services to Foreign Clients Qualify as ‘Export of Services’ under FTDR Act
- CESTAT Rules Dell India’s Services to Foreign Affiliates Qualify as Export, Allows Appeal
