GST is not a Tax ?

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GST is not a Tax ?


Don't be shocked, GST "Goods & Service Tax" is not a Tax. It is a Bill and Taxes are CGST, SGST, IGST.

If You Issue a Bill and charge GST @ 18%, then it is incorrect. Correct bill be of either of the 2 examples.

Example 1 : 
When the supply of Goods or Services is within the state and Tax amount for the Product is 18%. In this case 9% CGST & 9% SGST will be charged and have to be shown separately.

Your Bill should Show the following as indicated in red in a sample

Example 2:
When the supply of Goods or Services is outside the state and Tax amount for the Product is 18%. In this case 18% IGST will be charged and have to be shown separately.

Your Bill should Show the following as indicated in red in a sample


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