Q 438. How will the Inter-State supplies of Goods and Services be taxed under GST?

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Ans.  IGST  shall  be  levied  and  collected  by  Centre  on inter-state supplies. IGST would be broadly CGST plus SGST and shall be levied on all inter-State taxable supplies of goods and services. The inter-State seller will pay IGST on value addition after adjusting available credit of IGST, CGST, and SGST on his purchases. The Exporting…

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