IGST tax levy means

within state
between two states
between two countries
None of these

The correct answer is: B. between two states

IGST stands for Integrated Goods and Services Tax. It is a tax levied on the supply of goods and services that takes place between two states in India. The tax is levied at the rate of 18%.

The other options are incorrect because:

  • Option A is incorrect because IGST is not levied on goods and services that are supplied within a state.
  • Option C is incorrect because IGST is not levied on goods and services that are supplied between two countries.
  • Option D is incorrect because IGST is a tax that is levied on goods and services.

I hope this helps!