Suraj Kumar Bhim Sahani

Roll no . 01

TYBMS
 GOODS AND
S E RV I C E S TA X
Introduction
The tax came into effect from 1 July
2017 through the implementation of
the One Hundred and First
Amendment of the Constitution of
India by the Indian government.
Types of GST Integrated
Goods and
Services
Tax
(IGST)

State
Goods and
Services
Types of Tax
GST (SGST)

Central
Goods and
Services
Tax
(CGST
 SGST (IGST)
It is levied by the central government on the It means the tax levied under this Act on the supply
intrastate movement of goods and services, i.e., of any goods and/or services in the course of inter-
transactions within one state State trade or commerce and for this purpose

CGST
stands for Central goods and services tax. It is
levied by the central government on the
intrastate movement of goods and services, i.e.,
transactions within one state
Thank you