Vidyalelo
Commerce · Q6

GST

Graduate and Post Graduate · Commerce · question 6

Q6

What does “I” stands for in IGST?

A.
International
B.
Internal
C.
Integrated
Answer
D.
Intra

Answer: Option C

Solution

Answer: Option C
Solution:
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.