Examveda
Examveda

What does “I” stands for in IGST?

A. International

B. Internal

C. Integrated

D. Intra

Answer: Option C

Solution(By Examveda Team)

Integrated goods and services tax (IGST) would mean the tax levied under IGST Act on the supply of any goods and / or services in the course of inter-state trade or commerce. Integrated GST shall also apply to import of goods and services into India.

Join The Discussion

Related Questions on GST