Question

If an electronic store in Chennai sells a laptop to a person in Kochi, then identify the GST that will be imposed on this transaction.

• A. Central Goods and Services Tax
• B. State Goods and Services Tax
• C. Integrated Goods and Services Tax
• D. Interstate Goods and Services Tax

Answer 1

The correct option is C Integrated Goods and Services Tax

When goods and services are traded between two states, it is known as inter state trade. The central government imposes and collects Integrated Goods and Services Tax for inter state trade.