Q6
What does “I” stands for in IGST?
A.
International
B.
Internal
C.
Integrated
AnswerD.
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.