Understanding State GST Code 06: Everything You Need to Know


 If you are a businessman, a trade firm in India, or an accountant, then you would have used some state or union territory GST codes at least once. They would have been helpful during the process of uploading GST returns or generating invoices. State GST Code 06 is one such handy code. Why so? Let’s know.

All union territories and states of the Indian Goods and Services Tax (GST) regime were assigned a two-digit numerical code to be used in the identification of the place of taxpayer or the place of supply of service or goods and as one of the parameters to decide whether a supply would be inter-state or intra-state in nature.

For instance, if the buyer and seller belong to the same state, then the transaction is intra-state and CGST + SGST will be applicable. If the buyer and seller belong to two different states, then it is an inter-state transaction, and IGST will be applicable.

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