"Types of GST"

 

GST Structure: Types of GST

GST is divided into different categories based on the nature of transactions:

1.     Central Goods and Services Tax (CGST) – Collected by the central government on intra-state transactions.

2.     State Goods and Services Tax (SGST) – Collected by the state government on intra-state transactions.

3.     Integrated Goods and Services Tax (IGST) – Levied on inter-state transactions and collected by the central government.

4.     Union Territory Goods and Services Tax (UTGST) – Applied to transactions in union territories.