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CGST 2018-12-21T08:19:00+00:00

Central Goods and Services Tax (CGST)

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Central Goods and Services Tax (CGST)

CGST or Central Goods and Services Tax is the tax charged for supplies including goods and services on Intra-state exchanges. This tax is governed by the Central Government under the CGST Act. Also, SGST will be equally levied on the same supply under the holding of State Government.

Both CGST and SGST tax will be levied for all the intra-state supplies and the revenues will be shared in an appropriate proportion by both Central and State Governments. Under Section 8 of the GST Act, both CGST and SGST will be implemented on all intra-state supplies but the tax rate will be within the limit of 14% each.