CGST stands for Central Goods and Services Tax. It is one of the two components of the dual GST system in India, along with the State Goods and Services Tax (SGST). CGST is a tax levied by the central government on the supply of goods and services within the country. The revenue collected from CGST goes to the central government, and the funds are used for the development of the country. The CGST rate is determined by the central government, and it is based on the rate specified in the Central GST Act. CGST is levied in addition to SGST, and both taxes are levied on the value of the supply of goods and services.