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    Question

    In to how many component is GST divided?

    A One Correct Answer Incorrect Answer
    B Two Correct Answer Incorrect Answer
    C Three Correct Answer Incorrect Answer
    D Four Correct Answer Incorrect Answer

    Solution

    The GST law in India consists of┬аfour types of taxes: CGST, SGST, UTGST, and IGST. CGST is levied on intrastate transactions, SGST/UTGST on interstate transactions within states/Union Territories, and IGST on transactions between states. Correct GSTIN identification is essential. IGST is applicable to import/exports.

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