What are the advantages of IGST Model?

The major advantages of IGST Model are:
a. Maintenance of uninterrupted ITC chain on
inter-State transactions;
b. No upfront payment of tax or substantial
blockage of funds for the inter-State seller or
c. No refund claim in exporting State, as ITC is
used up while paying the tax;
d. Self-monitoring model;
e. Ensures tax neutrality while keeping the tax
regime simple;
f. Simple accounting with no additional
compliance burden on the taxpayer;
g. Would facilitate in ensuring high level of
compliance and thus higher collection efficiency.
Model can handle ‘Business to Business’ as well
as ‘Business to Consumer’ transactions.