IGST or Integrated GST

IGST refers to Integrated goods and service tax. It is levied on the interstate movement of
goods and services. Integrated GST will be collected by the centre. IGST will also be applicable
on the import of goods.
Under GST,IGST is a tax levied on all Inter-State supplies of goods and/or services and
will be governed by the IGST Act. IGST will be applicable on any supply of goods and/or
services in both cases of import India and export from India.

TAXES ARE SUBSUMED IN GOODS AND SERVICES TAX

1. Taxes earlier levied and collected by the Centre
 Central Excise duty
 Duties of Excise (Medicinal and Troll Preparations)
 Additional Duties of Excise (Goods of Special Importance)
 Additional Duties of Excise (Textiles and Textile Products)
 Additional Duties of Customs (commonly known as CVD)
 Special Additional Duty of Customs (SAD)
 Service Tax
 Central Surcharge and Cesses so far as they relate to supply of goods and
services.
2. State taxes that are subsumed under the GST are:
 State VAT
 Central Sales Tax
 Luxury Tax
 Entry Tax (all forms)
 Entertainment and Amusement Tax (except when levied by the local bodies)
 Taxes on advertisements
 Purchase Tax
 Taxes on lotteries, betting and gambling