How will imports/exports be taxed under GST
Question 6
Bill
Overview of the IGST Act
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 6. How will imports/exports be taxed under GST?
Ans. All imports/exports will be deemed as inter-state supplies for the purposes of levy of GST (IGST). The incidence of tax will follow the destination principle and the tax revenue in case of SGST will accrue to the State where the imported goods and services are consumed. Full and complete
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