Information About Goods and Services Tax (GST) :-

GST was introduced in four different verticals:

Integrated Goods and Services Tax (IGST):
Under GST, this tax is applied to the supply of goods and/or services between two states as well as on imports and exports. The IGST is governed by the IGST Act 2017. According to IGST; the body responsible for collecting the taxes is the Central Government.
State Goods and Services Tax (SGST):
This tax regulation is applicable within the same State transactions. The revenue earned through SGST is solely claimed by the respective State Governments.
Central Goods and Services Tax (CGST):
Same as the State GST, the Central Goods, and Services Tax is applicable on intrastate transactions. The revenue earned from CGST is collected by the Central Government.

Alankit offers GST consulting services to the taxpayers for complying with the Goods and Services Tax (GST) rules, which is making the GST rollout easy yet convenient and to avail the services.

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