only one tax is taken by the government called GST (goods and service tax).
All indirect taxes is replaced by GST. If the annual turnover is 20 lakhs, then you will have to pay the tax.
If you are sending goods worth even 1 rupee from one state to another, then you will have to pay GST.
Even if you order any product online in online mode, you will have to pay customs duty.
Types of GST- C-GST:- If the tax is taken by the Central Government then it is called C-GST Tax.
S-GST:- If the tax is taken by the State Government then it is called S-GST Tax.
UT-GST:- If the tax is taken by the Union Territory Government then it is called UT-GST Tax.
I-GST:- If the tax is taken by the integrated (2 state) Government then it is called I-GST Tax.
In 4 taxes, only 2 types of tax are paid, the total amount is 18℅.
For example:-
C-GST + S-GST= 18℅
C-GST + UT-GST= 18℅
If you are selling or buying your product in any state, then you will have to pay the C-GST and S-GST.
If you are selling or buying your product in any union territory state, then you will have to pay the C-GST and UT-GST.
If you are selling or buying your product from one state to another, then you will have to pay I-GST.
Which 2 tax is applicable in I-GST.
First the tax is taken by the central government .
and the second is who buys the product from that government.
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