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On 29 March 2017, CGST, IGST, UTGST and SGST compensation law passed in Loksabha [5] The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014 was introduced in the Lok Sabha by Finance Minister Arun Jaitley on 19 December 2014, and passed by the House on 6 May 2015.
SGST (State Goods and Services Tax): When purchasing or selling something within your state, an SGST tax is collected by your government and used for local projects, schools and other purposes that benefit the entire population of that particular state. The money collected stays within its borders to fund local needs or state initiatives.
Integrated Goods and Services Tax (IGST): tax for interstate sales. Goods and services are divided into five different tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the ...
General sales tax; Goods and Services Tax, the name for the value-added tax in several jurisdictions: . Goods and services tax (Australia) Goods and Services Tax (Canada) Goods and Services Tax (Hong Kong)
CGST may refer to: China Graduate School of Theology; Chinese Giant Solar Telescope; Central Goods and Services Tax This page was last edited on 28 ...
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
An abbreviation (from Latin brevis, meaning "short" [1]) is a shortened form of a word or phrase, by any method including shortening, contraction, initialism (which includes acronym) or crasis. An abbreviation may be a shortened form of a word, usually ended with a trailing period. For example: etc. is the usual abbreviation for et cetera.
Meaning Use sp: Spelling: Used to indicate misspelling spo: Spell out: Used to indicate that an abbreviation should be spelled out, such as in its first use stet: Let it stand: Indicates that proofreading marks should be ignored and the copy unchanged fl: Flush left: Align text flush with left margin fr: Flush right: Align text flush with right ...