Question
For intra-State sales, the GST is divided between the
Centre and the State in the ratio?Solution
For intra-state sales, the GST is divided between the Central Government and the State Government in the ratio of 50:50. This means that half of the GST collected goes to the Central Government and the other half goes to the State Government. Example: If a business in Rajasthan sells goods to another business in Rajasthan, the GST rate will be 18%, which is divided into 9% CGST and 9% SGST.
Which of the following statements is/are true with respect to the latest payroll data released by the Employees’ Provident Fund Organisation?
I...
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