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Which of the following statements regarding the levy of IGST is correct?
  • a)
    IGST can be levied at a maximum rate of 28%.
  • b)
    IGST is always collected by the State government.
  • c)
    The recipient of goods or services pays IGST to the Central government.
  • d)
    IGST is not applicable to inter-state supply of goods or services.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements regarding the levy of IGST is correc...
The correct statement is that the recipient of goods or services pays IGST to the Central government in the case of inter-state supply.
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Which of the following statements regarding the levy of IGST is correct?a)IGST can be levied at a maximum rate of 28%.b)IGST is always collected by the State government.c)The recipient of goods or services pays IGST to the Central government.d)IGST is not applicable to inter-state supply of goods or services.Correct answer is option 'C'. Can you explain this answer?
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Which of the following statements regarding the levy of IGST is correct?a)IGST can be levied at a maximum rate of 28%.b)IGST is always collected by the State government.c)The recipient of goods or services pays IGST to the Central government.d)IGST is not applicable to inter-state supply of goods or services.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following statements regarding the levy of IGST is correct?a)IGST can be levied at a maximum rate of 28%.b)IGST is always collected by the State government.c)The recipient of goods or services pays IGST to the Central government.d)IGST is not applicable to inter-state supply of goods or services.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements regarding the levy of IGST is correct?a)IGST can be levied at a maximum rate of 28%.b)IGST is always collected by the State government.c)The recipient of goods or services pays IGST to the Central government.d)IGST is not applicable to inter-state supply of goods or services.Correct answer is option 'C'. Can you explain this answer?.
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