Components of GST:
The component of GST are of 3 types.
They are: CGST, SGST & IGST.
1. CGST: Collected by the Central Government on an intra-state sale (e.g. Within state/ union territory)
2. SGST: Collected by the State Government on an intra-state sale (e.g. Within state/ union territory)
3. IGST: Collected by the Central Government for inter-state sale (e.g. Maharashtra to Tamil Nadu)
