What are the Different Types of GST in India
In India, the Goods and Services Tax (GST) is a unified tax system that replaced many indirect taxes previously levied by the central and state governments. GST is categorized into four main types, based on the nature of the transaction:
1. Central Goods and Services Tax (CGST)
2. State Goods and Services Tax (SGST)
3. Integrated Goods and Services Tax (IGST)
4. Union Territory Goods and Services Tax (UTGST)