If GST Charged On Sales or Supply?
(Normally,we say GST is charged on Sales
But Actually,GST is applicable on Supply of Goods or Services
Other things like Exchange,Barter etc
What is Taxable Event Under GST
Taxable event under GST is supply of goods or services or both.
- CGST and SGST/ UTGST will be levied on intra-State supplies.
- IGST will be levied on interstate supplies