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GST which is collected by the state government for intrastate transaction is known as: - Mathematics

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Question

GST which is collected by the state government for intrastate transaction is known as:

Options

  • CGST

  • SGST

  • IGST

  • All of these

MCQ
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Solution

SGST

Explanation:

For an intra‑state (within the same state) supply GST is split into CGST (central) and SGST (state); the portion collected by the state government is SGST, while IGST is used for inter‑state supplies.

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Chapter 1: Goods and Services Tax (G.S.T.) - EXERCISE 1 [Page 15]

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R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 1 Goods and Services Tax (G.S.T.)
EXERCISE 1 | Q 5. | Page 15
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