Levy of CGST, SGST, IGST, and UTGST as per transactions

Levy of GST

Case 1: Levy of GST within state supply of Goods:

 When goods are supplied within state CGST and SGST will be levied.

Example:

Rohan Enterprises located in Maharashtra Supplies Goods of Rs 50000 and GST rate is 18% to Vision Corporation also located in Maharashtra.

CGST @ 9% and SGST@ 9% will be levied i.e Amount of CGST will be 9% of 50,000 equal to 4500 and SGST will 4500.

Case 2: Levy of GST on inter state supply of Goods:

 When goods are supplied to the other state (Interstate) then IGST will be levied.

Example:

Rohan Enterprises located in Maharashtra Supplies Goods of Rs 50000 and GST rate is 18% to Vision Corporation  located in Karnataka.

IGST @ 18% will be levied i.e Amount of IGST will be 18% of 50,000 equal to 9000.

Case 3: Levy of GST when goods are supplied within Union territory:

When goods are supplied within Union territory CGST and UTGST will be levied.

Example:

Virat Enterprises located in Pondicherry  Supplies Goods of Rs 40000 and GST rate is 18% to Maxwell Corporation also located in Pondicherry.

CGST @ 9% and UTGST@ 9% will be levied i.e Amount of CGST will be 9% of 40,000 equal to 3600 and UTGST will 3600.

GST Invoice:

GST_Invoice

 

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