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of <h1>Understanding Integrated Goods and Services Tax (IGST): Streamlining Interstate Trade with a Uniform Tax Structure</h1> Integrated Goods and Services Tax (IGST) refers to the tax imposed under the IGST Act on the supply of goods and/or services during inter-State trade or commerce. This tax framework is designed to streamline taxation across different states, ensuring a uniform tax structure for transactions that cross state boundaries. The IGST is part of the broader Goods and Services Tax (GST) system, which aims to consolidate various indirect taxes into a single, comprehensive tax regime, thereby simplifying the tax process for businesses engaged in interstate trade.
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