GST is value added tax levied on supply of Good and Services.

Supply can be two types:

Inter state supply:   Where origin and destination of supply of goods and services between 2 states/Union territory then supply will inter state.

Intra state supply:    Where origin and destination of supply of goods and services fall under same states and union territory then supply will intra state.

Type of taxes:

Based on two type of supply tax levied on supply of goods and services:

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  Type of supply
  Intra state supply	Inter state supply
  CGST and SGST/UTGST 1)      SGST SGST stand for state Goods and services Tax which collected by state by state government at transaction of supply of goods and services Consume by state. Earlier its replace Vat, Purchase tax, octroi duty, luxury tax.   2)      UT GST UT GST stand for Union territory goods and service tax, which collected by Union government at transaction of supply of goods and service consume by Union territory.   3)      CGST CGst stand for central goods and services tax, which collected by central government of India through state government and union territory at transaction of supply of goods and services consume by state and Union territory. It’s collected with SGST or UTGST. It shared between state and central government equally. Earlier taxes its replace central excise duty, additional duties on custom and central service taxes.	IGST stand for Integrated goods and services tax which collected by central government at transaction between 2 different states or different union territory and between state and union territory, and then shared by central and state government or central and union territory. At the same time IGST collected with customs which levied on import and export transaction between international states.

   

Applicability of different type of GST at under SGST/UTGST, CGST and IGST:

• SGST/UTGST	CGST	IGST
  Trader from Bihar sold goods in different location on bihar in worth of Rs.150000. levied gst will be divide between State GST and Central GST.	Trader from Bihar sold goods in different location on bihar in worth of Rs.150000. levied gst will be divide between State GST and Central GST.	Trader from Delhi sold goods in different state of India or International Country in case of customs on transaction of import and export. If it sale goods Chennai in worth of Rs.180000. levied GST will be divide between State GST and Central GST.
  If GST rate levied at 18%, Tax will be divided between State and Central Government 9% each. Aggregate Amount charge by trader is Rs.177000.	If GST rate levied at 18%, Tax will be divided between State and Central Government 9% each. Aggregate Amount charge by trader is Rs.177000.
  		If GST rate levied at 18%, The Entire Tax will be collected by Central Government in form of IGST. Aggregate Amount charge by trader is Rs.212400.
  CGST and SGST will be Rs.13500 each.	CGST and SGST will be Rs.13500 each.
  Rs.13500 goes to state government of Bihar as SGST and central government earn Rs.13500 as CGST	As CGST Central government earn Rs.13500.
  		IGST will be Rs.32400.
  		As IGST Central government earn Rs.32400

Distribution of GST Funds

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Document Required for GST Registration

GST Laws:

• For Charged and Collection of CGST :CGST Act, 2017
• For Charged and Collection of SGST :SGST Act, 2017
• For Charged and Collection of UTGST :UT GST Act, 2017
• For Charged and Collection of IGST :IGST Act, 2017

In summary, under GST, taxes consist of three types: CGST, SGST, and IGST, applied to intra- and inter-state transactions.