https://www.taxtmi.com/article/detailed?id=6634 The IGST model establishes a Centre levied tax on inter state supplies equal to CGST plus SGST, with sellers paying tax on value addition after adjusting input credits of IGST, CGST and SGST; exporting States transfer SGST credit used to pay IGST to the Centre, importing dealers claim IGST credit against output liabilities in their State, and the Centre transfers to importing States amounts of IGST used to discharge SGST, coordinated and verified by a Central Agency acting as a clearing house and with revenue apportionment guided by the GST Council. en-us Fri, 15 Jan 2016 11:07:36 +0530 Fri, 15 Jan 2016 11:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6634 The IGST model establishes a Centre levied tax on inter state supplies equal to CGST plus SGST, with sellers paying tax on value addition after adjusting input credits of IGST, CGST and SGST; exporting States transfer SGST credit used to pay IGST to the Centre, importing dealers claim IGST credit against output liabilities in their State, and the Centre transfers to importing States amounts of IGST used to discharge SGST, coordinated and verified by a Central Agency acting as a clearing house and with revenue apportionment guided by the GST Council. Articles Goods and Services Tax - GST Fri, 15 Jan 2016 11:07:36 +0530 https://www.taxtmi.com/article/detailed?id=6634