IGST: The Brief Guide - Lucknow

IGST stands for Integrated Goods and Services Tax. It is a tax levied by the state government on the inter-state movement of goods and services. The GST Council decides the IGST percentage. The central GST authority collects it, while the central and state officials equally share the revenue.
IGST Refund under certain conditions is possible. GST and IGST made tax collection easy and transparent.

There are several critical differences between CGST, SGST, and IGST:

Central government charges and collected CGST and IGST, and State government charges and managed SGST.
CGST and SGST apply to intra-state goods and services supply, while IGST applies to inter-state supply of goods and services.

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This is a brief guide to IGST to give you an overview. For detailed descriptions, please read our website blogs and articles. In case of a query, connect with us.