Govt removes IGST on gold imports

New Delhi: The government has issued a notification allowing 36 banks and five canalising agencies, including MMTC and MSTC, to import gold without paying a 3 per cent integrated goods and services tax (IGST), reports Rajesh Bhayani in Business Standard....

by Nagpur Today | Published 8 years ago
By Nagpur Today On Sunday, July 2nd, 2017

What is SGST, CGST & IGST?

Nagpur: Goods & Service Tax or GST will be levied on goods and services. It will replace all the various taxes and bring them under one umbrella to make compliance easier. It will replace the following taxes: (i) Taxes currently levied...