Central Goods and Services Tax

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:tax_law
gptkbp:abbreviation	gptkb:CGST
gptkbp:administeredBy	gptkb:Central_Board_of_Indirect_Taxes_and_Customs
gptkbp:appliesTo	businesses with turnover above threshold limit intra-state supply of goods and services
gptkbp:country	gptkb:India
gptkbp:dateEnacted	gptkb:Goods_and_Services_Tax_Act,_2017
gptkbp:enforcedBy	gptkb:Government_of_India
gptkbp:governedBy	gptkb:Central_Goods_and_Services_Tax_Act,_2017
https://www.w3.org/2000/01/rdf-schema#label	Central Goods and Services Tax
gptkbp:inputTaxCreditAvailable	Yes
gptkbp:notableCollection	gptkb:Central_Government
gptkbp:purpose	to levy tax on supply of goods and services within a state
gptkbp:relatedTo	gptkb:Integrated_Goods_and_Services_Tax gptkb:State_Goods_and_Services_Tax
gptkbp:replacedBy	gptkb:Central_Excise_Duty gptkb:Service_Tax Additional Duties of Excise Countervailing Duty Special Additional Duty of Customs
gptkbp:startDate	1 July 2017
gptkbp:taxStatus	Indirect tax 0%, 5%, 12%, 18%, 28% (varies by goods/services)
gptkbp:threshold	Rs. 20 lakhs for services (as of 2023) Rs. 40 lakhs for goods (as of 2023)
gptkbp:website	https://www.cbic.gov.in/
gptkbp:bfsParent	gptkb:CGST gptkb:Central_GST
gptkbp:bfsLayer	7