Goods and Services Tax
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GST Exemption Allowed on Pure Labour Services for Single Residential Units
Outsourcing Not a Defence: Villa Construction Taxable as Service Under GST
GST Payable on Emergency Training Courses as They Are Not Charitable Activities: AAR Karnataka
GST Exemption Allowed on Exam Paper Printing as It Relates to Conduct of Examination
GST Advance Ruling on RWA Charges Not Issued as Application Withdrawn
Water Charges Taxable as Part of RWA Services Due to Composite Supply: AAR Karnataka
GST AAR Karnataka Disposes Application as Withdrawn Due to Pending Fuel Testing
No GST Profiteering Found as ITC Benefit Declined Post-GST: GSTAT
No GST on NSDC Digital Marketing Courses Falling Under Skill Development Scheme
ITC Allowed on Foundation & structural support Work for Plant & Machinery
AAR Gujarat Allowed ITC as Machinery Foundation Qualifies as Plant & Machinery
AAR Odisha Denied Advance Ruling as GST Exemption Issue Already Pending Before HC
GST Applicable on Capital Contribution of Leasehold Property Due to Supply of Service: AAR Odisha
Crushing & Sizing of Limestone Not Manufacture as No New Product Emerges: AAR Odisha
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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