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Cgst full form: Is Central Goods and Services Tax
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CGST full form is Central Goods and Services Tax . It refers to the tax levied by the Central Government on intra-state supplies of goods and services. In simple terms, when a product or service is sold within the same state, CGST is charged along with SGST (State Goods and Services Tax). Discover everything about CGST (Central Goods and Services Tax), including its applicability, rate structure, key features, rules, calculation method, benefits, and how businesses can claim Input Tax Credit (ITC). To answer your question on ‘what is the full form of CGST', CGST is Central Goods and Services Tax . CGST is a tax levied on intrastate supplies of both goods and services by the Central Government and collected by it for its coffers. CGST stands for Central Goods and Services Tax, one of the four components of India's GST system. Learn how CGST is applied, calculated, and differentiated from SGST, IGST, and UTGST.
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