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With reference to the Integrated Goods and Service Tax (IGST), consider the following statements:1. It is charged when movement of goods and services from one state to another.2. The revenue out of IGST is shared by state government and central government as per the rates fixed by the authorities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Integrated Goods and Service Tax (IGST), consider the following statements:1. It is charged when movement of goods and services from one state to another.2. The revenue out of IGST is shared by state government and central government as per the rates fixed by the authorities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Integrated Goods and Service Tax (IGST), consider the following statements:1. It is charged when movement of goods and services from one state to another.2. The revenue out of IGST is shared by state government and central government as per the rates fixed by the authorities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

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