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Difference between CGST and IGST

Kumar Ranjeet (3 Points)

22 May 2017

Please help to understand the difference between I GST and CGST

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14 Replies

gauri agrawal (self employed) (223 Points)
Replied 22 May 2017

igst is the gst that is to be charged when the supply is made between two different state for example supply between uttar pradesh and maharashtra in such a supply supplier will charge igst on invoice amount.cgst (centre goods ans service tax) sgst (state goods and srvice tax)is charged when supply is within the same state for example supply between indore and jabalpur both the city are in mp therefore cgst and sgst will be charged.

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yagantipullareddy (accounts officer) (51 Points)
Replied 22 May 2017

it means that both c&sgst applicable on all products, irrespective of whether item is under state or Central related item.

(Guest)

Your doubt will be cleared after seeing this video https://youtu.be/SALnvequJNw

Sushil Dhiman (Sr.Officer Accounts) (25 Points)
Replied 22 May 2017

Wht about the input credit inder gst

pls help

satya (Executive Excise) (1839 Points)
Replied 22 May 2017

#YPR garu,

SGST+CGST are applicable only with in STATE sales only.

when you are selling another state or Export IGST applicable.

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yagantipullareddy (accounts officer) (51 Points)
Replied 22 May 2017

thanks sathya, still I have doubt...... how/why both (c & sgst) taxes within the state. is it central & state share on each sale that happens within the state.....
..... please clarify.... thanks

satya (Executive Excise) (1839 Points)
Replied 23 May 2017

CGST (Excise n Service Tax)

SGST (VAT,Entry tax, Octroi)

earlier also we are having both Excise and VAT for Intra state supplies.

1 Like

yagantipullareddy (accounts officer) (51 Points)
Replied 23 May 2017

clear..... thanks...

K L Agrawal (Accounts Manager) (6 Points)
Replied 22 June 2017

Thanks.............

K L Agrawal (Accounts Manager) (6 Points)
Replied 22 June 2017

How GST will work on Marble Manuf. Idustry.....likewise Rate, Category of marble, Rate on marble block.Rate on finished marble, etc..........

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K L Agrawal (Accounts Manager) (6 Points)
Replied 22 June 2017

Will RCM be applicable on men power supplyer( labour contract) after GST? Also how it have impact on basis on status likewise individual, partnership firm, companies etc....