Q.What are the components of GST ?

The Goods and Services Tax has four components — CGST, SGST, IGST and UTGST — reflecting India's dual (Centre + State) tax structure.

In the Tamil Nadu HSC Commerce syllabus (Fiscal Economics), GST is studied as a comprehensive indirect tax with the following components:

• CGST (Central GST) — levied and collected by the Central Government on intra-state (within-a-state) supplies of goods and services.
• SGST (State GST) — levied and collected by the State Government on the same intra-state supplies.
• IGST (Integrated GST) — levied and collected by the Central Government on inter-state (between-states) supplies and on imports; it is later shared with the destination state. …