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IGST sharing by states
Sir. If i do IGST billing from Telangana state, then how that IGST is shared back to Telangana state . Is it that state rate of SGST portion comes back to Telangana state or the entire of IGST of all the states (accumulated amount) will be shard by alll the states - I mean actually how it works.
Replies (1)
Yes .... 50% share of IGST goes to state
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