The India Localization Tax Engine SuiteApp enables you to calculate India Goods and Services Tax (GST) on transactions. GST is an indirect tax imposed in India on the supply of goods and services, right from the manufacturer to the consumer.
Transactions made within single state (intrastate) are imposed with Central (CGST) by the Central Government and State GST (SGST) by the State Government.
Transaction with imported goods or services made in between states (interstate) are imposed with Integrated GST (IGST) by the Central Government.
GST Tax factors
- CGST (Central GST) – This is the tax to be collected by the Central Government on an intrastate sale.
- SGST (State GST) / UTGST (Union Territory GST) – This is the tax to be collected by the State/Union Territory Government on an intrastate sale.
- IGST – This is the tax to be collected by the Central Government on an interstate sale and import.