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What are the components of GST?

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deepraj dey

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GST will have 3 tax components, which include a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST) where centre and state will levy GST on all entities, i.e. when a transaction happens within a state. Inter-state transactions will attract the Integrated Goods and Services Tax (IGST), be levied by the center, i.e. when a transaction happens one state to another.

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Prashant Nayak

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The components are state GST, Central GST and Integrated GST

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Akash Kumar

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GST stands for Goods and Services Tax. Components of GST and its types- CGST, SGST, IGST AND UTGST are effectively supporting such major economic development programs. 

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ANuj Chaudhary

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Introduction to GST and its 3 types- CGST, SGST, IGST AND UTGST are effectively supporting such major economic development programs. GST stands for Goods and Services Tax

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Ananya Nair

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The GST(Goods and Services Tax) comes with two components, that is, CGST(Central GST) & SGST (State GST).

1. Central GST (CGST) refers to the GST that is levied by the Centre.

2. State GST (SGST) is charged by the state government