GST Structure, Characteristics and Key Concepts

This topic explains India's dual GST structure, covering how CGST, SGST, UTGST and IGST apply based on the nature and place of supply. It also outlines the key features, advantages and criticisms of GST, along with essen…

• GST is a dual tax structure where the Centre and States both levy tax on the same transaction.
• The place of supply determines which GST component applies.
• Intra-state supply attracts CGST + SGST.

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