CA Intermediate · Taxation · GST in India - An Introduction
Sundaram Traders, Chennai, is a registered supplier of goods. In a single transaction it sells goods to a buyer in Kochi (Kerala) and the goods move from Chennai to Kochi. Under the GST framework, which of the following taxes will be levied on this supply?
IGST only is levied. The goods move from Chennai in Tamil Nadu to Kochi in Kerala, making it an inter-State supply, and the Centre levies IGST on inter-State supplies. CGST and SGST apply together only when the supply is within one State.
- ACGST and SGST of Tamil Nadu
- BIGST onlyCorrect
- CCGST and SGST of Kerala
- DCGST of Tamil Nadu and SGST of Kerala
Explanation
Goods move from Tamil Nadu to Kerala, so the supply is an inter-State supply. Inter-State supplies attract IGST, which is collected by the Centre and later apportioned. CGST plus SGST applies only to intra-State supplies, so the other pairings are wrong.
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