What's the difference between CGST, SGST, and IGST calculations in the GST calculator?
- Posted:29th January, 2025
- Updated:29th January, 2025
CGST, SGST, and IGST are the three types of GST levied on intrastate and interstate transactions in India.
CGST or Central GST is levied by the Central Government on intrastate supplies. SGST or State GST is levied by the state governments on intrastate supplies. CGST and SGST are simultaneously levied on goods and services within a state.
For instance, if the CGST rate is 9% and the SGST rate is 9%, the total GST on intrastate supplies is 18% (9% CGST + 9% SGST).
IGST, or Integrated GST, is levied on interstate supplies by the Central Government. It is the combined equivalent of CGST and SGST. For interstate transactions, IGST is levied instead of CGST and SGST.
The GST calculator computes CGST, SGST, or IGST as applicable based on the place of supply entered. You only have to enter the product value and billing location. The right GST components are system-computed.
Popular FAQs
- How does the location of the property affect my eligibility for a home loan?
- What's the role of down payments in loan calculations with a Loan Calculator?
- Can a Loan Calculator help you compare different loan offers from various lenders?
- Is it possible to use a Loan Calculator for student loans with changing interest rates?
- What is the impact of credit score on loan calculations?
- Why would you use a Loan Calculator?
- What is the meaning of a Loan Calculator?
- Do different types of loans have varying loan-to-value standards?
- What role does the down payment play in loan-to-value calculations?
- Is there a difference between pre-closure and foreclosure?
Recent FAQs
- What is a Fixed Deposit?
- Does FD pay monthly interest?
- Will I have to pay a penalty to withdraw FD before its time?
- Can I Start an FD online?
- Which Type of FD is Best?
- Can I Deposit 10 Lakhs in FD?
- Does FD Renew Automatically?
- How can I break my FD without penalty?
- What is the maximum time limit of FD?
- Does FD have a lock-in period?
Check your Free Credit Score
Most Viewed FAQs
- Can I Get a Gold Loan for Medical Purposes?
- What is the Maximum Tenure for a Gold Loan for Agricultural Purposes?
- Can I Get a Gold Loan for Travel Purposes?
- Can I Get a Gold Loan for Educational Purposes?
- Can I Get a Gold Loan for Home Renovation Purposes?
- What is the Maximum Loan Amount That Can Be Availed by Pledging Gold?
- How to Claim the Fixed Deposit Amount After Death?
- What happens if a Loan against FD is not paid?
- Can I Get a Gold Loan to Purchase a Vehicle?
You may be interested in
- Home
- Financial FAQs
- What's the difference between CGST, SGST, and IGST calculations in the GST calculator?