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In the GST bill, what is the meaning of SGST, IGST and CGST when there should be just one kind of tax to be levied?
Can you explain the meaning of SGST, IGST and CGST in the GST bill? I'm confused as to why there are three types of taxes instead of just one.
Sure, SGST stands for State Goods and Services Tax, IGST stands for Integrated Goods and Services Tax and CGST stands for Central Goods and Services Tax. They are all different types of taxes that fall under the GST system.