Goods and Services Tax
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Excess ITC Case: Telangana HC Declines Vires Challenge to Section 16(2)(c)
GST ITC Denial on GSTR-2A Mismatch: Telangana HC Allows Rectification Route
Liquidated Damages vs. “Tolerating an Act” under GST – Reframing the Debate through Substance
ITC Not Blocked on Leasehold Transfers Without Construction: HC Quashes GST Notice
Ex-Parte GST Order Set Aside Due to No Opportunity to Reply to Show Cause Notice
Composite GST Notice Invalid as Issued for Multiple Years: Kerala HC Quashes Proceedings
Gujarat HC Quashed GST Order Due to Denial of Section 75(4) Personal Hearing
GST Demand Upheld but Recovery Deferred Due to Pending Reimbursement from Government
Department Cannot Enforce TNVAT Liability Arising from Its Own System Defect: Madras HC
‘Authorized Operations’ Condition not applies for Pre-Oct 2023 SEZ Refund Claims: Bombay HC
No GST Transition Allowed for EC, SHEC and KKC Credits: Kerala HC
Madras HC Stayed Recover for Non-Uploading of DRC-07 Summary on GST Portal
Gujarat HC Allowed IGST Refund as Omission of Rule 96(10) Applies to Pending Proceedings
GST Applies to Commission in Voucher Transactions, Not Entire Turnover: Bombay HC
Goods and Services Tax India
The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages.
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