What are the various types of taxes in GST?

There will be three types of taxes in GST levied on two types of supplies. 

• CGST and SGST on intra state supply 
• IGST on inter state supply

Determination of taxes in GST: inter state supply

Section 3 of IGST Act covers the provisions for inter state supply. Following transactions will be covered in inter state supply.

⊸When the location of supplier and place of supply are in different states

⊸Supply of goods/services  in the course of imports

⊸Supply of goods/services when supplier is in India and recipient is outside India

⊸Supply of goods and/ or services to or by a SEZ developer

⊸Supply of goods and/ or services to or by a SEZ Unit

⊸Any supply not covered in intra state supply or anywhere else in this section

DeterminationWhat is intra state supply?:

Intra state supply is covered by section 4 of IGST Act. Following will be covered in intra state supply:

⊸intra-State supply means any supply of Goods/  services where the location of the supplier and the place of supply are in the same State

⊸Here two terms are important

▫Location of supplier

▫Place of supply