Cgst full form: What is CGST

What is CGST? The full form of CGST is Central Goods and Services Tax . It is that part of GST that is paid to the Central Government. It gives the Centre its fair share of revenue from intra-state transactions, i.e., when goods or services are purchased and sold in the same state. 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). CGST stands for Central Goods and Services Tax, one of the four types of GST in India. Learn how CGST is levied on intra-state transactions and how it differs from IGST, SGST and UTGST. CGST (Central Goods and Services Tax) simplifies India's tax system by replacing multiple indirect taxes. It is levied on intra-state transactions. Read More!