Goods and Services Tax
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GSTAT to Consider Admission of Penalty Appeal Without Pre-Deposit, Issues Notice to Revenue
Ex Parte GST Adjudication Order & Garnishee Proceedings Quashed, Fresh Hearing Directed: Calcutta HC
GST Appeal Dismissal on Limitation Set Aside, Fresh Decision on Merits Directed: Calcutta HC
VAT Penalty Set Aside for Lack of Finding on Turnover Concealment: Allahabad HC
Madras HC Upholds GST Section 74 Notices, Dismisses Writ Petitions
GST Refund Interest Must Be Calculated from Original Refund Application Date: Gujarat HC
Penalty Restricted on Machinery Sent for Testing Without E-Way Bill: Karnataka HC
Analytics-Based GST Enforcement: Legal Limits under Sections 29, 74, 129 & 130
GST Analytics-Based Action Against Scrap Dealers Raises Retrospective Action Concerns
Telangana HC Allows Delayed GST Appeal, Grants Interim Relief Against Recovery
Telangana HC Restores GST Appeal Despite Delay by Chartered Accountant
Manual GST Registration Revocation Application Permitted After Portal Restriction: Telangana HC
Directions Against GST Authorities Set Aside in GST Reimbursement Dispute: Karnataka HC
Refund of Unutilised Compensation Cess Allowed on Zero-Rated Supplies: Gujarat 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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