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of <h1>Understanding IGST Act: Determining Inter-State vs. Intra-State Supply to Ensure Correct Tax Application</h1> The determination of the nature of supply under the IGST Act is crucial for identifying whether a transaction is inter-State or intra-State, affecting the applicable tax type (IGST or CGST+SGST). Inter-State supply includes transactions where the supplier and place of supply are in different states or territories, imports into India, and exports from India. The Act requires specifying the place of supply in invoices for inter-State transactions. Notifications and clarifications by CBIC guide compliance, including the treatment of supplies to Special Economic Zones and the importance of capturing the place of supply in tax invoices to ensure proper tax accrual.
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