📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    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 four 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.

    Practice Next
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question