Get Specialist Advice Now!
Thank you for showing interest in us (Name of the Customer)
We will contact you shortly!
The Dual GST structure in India is essentially a simple tax with different taxation rates – the Central Goods and Service Tax (or CGST) and the State Goods and Service Tax (or SGST). As the name suggests, the dual GST structure implies that both the Central and State governments can levy and collect taxes via appropriate legislation.
Moreover, both governments have been assigned distinct responsibilities, as prescribed under the division of powers statute of the Constitution. Overall, a dual GST structure is designed to align with the Constitutional requirements of fiscal federalism.
Features of the Dual GST Structure
Benefits of Dual GST
The Dual GST structure is a transparent and straightforward tax model with a pre-defined set of CGST and SGST rates. The benefits of having a dual GST structure include –