GST is an indirect, value added tax levied on supply of goods and services in India. It has the following components:
CGST: Central Goods and Services Tax which is applicable on the transaction done at the interstate level.
SGST: State Goods and Service Tax applicable to the transaction done within state boundaries i.e intrastate level.
IGST: Integrated Goods and Services Tax applicable on transaction done at inter-state level.
The business undertaking should be careful and shall not indulge in these penalties as it attracts strict punishment.
Fake or wrong invoices
Supply or transport of goods
The benefits of taking action on encountering GST issues are:
What is GST?
GST is an indirect tax levied on supply of goods and services.
GST is a direct tax or indirect tax?
GST falls under the category of indirect tax.
GST is governed by which Act in India?
GST in India is governed by Central CGST Act, SGST Act and IGST Act.
How long does Sabkuch Legal take to deal with GST issues?
We try our best to complete your task in least possible time