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How GST will be levied in India with an effective administration?

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How GST will be levied in India with an effective administration?
posted Nov 29, 2017 by Sherlyn Mishra

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1 Answer

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The Indian government is comprised of a dual federal structure and with this anatomy, there will be two components formation:-

  1. Central GST
  2. State GST

Both of the components will levy the tax on their level across whole value chain. These components are responsible for collecting the taxes from their respective designated area of operation by applying the incurred GST. The input tax credit of CGST will be accessible for meeting the CGST liability on the outcoming at every stage. Similarly, the credit of SGST paid on inputs will be accessible for meeting SGST on output. However, there will be no overlapping usability of credits.

answer Nov 30, 2017 by Deepika Jain
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