Goods and Services Tax
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GST Authorities Cannot Seize Cash Without Statutory Authority: Bombay HC
No bar on transfer of Inter-state ITC upon amalgamation of Company: Gujarat HC
Representation for Reform of Husband–Wife Income Clubbing Provisions
GST Confiscation Invalid Without Proof of Intent to Evade Tax & for Bypassing Section 129 Procedure
GST Interest payable on Wrongful ITC Availment Retained for 630 Days: MP HC
GST Notice via Portal Alone Invalid if Not Accessed; Ex Parte Order Set Aside: Uttarakhand HC
GST Fraud case: HC Allows Bail as Co-Accused Already Released & Custody Prolonged
GST Appeal Cannot Be Dismissed Solely for Filing in Wrong Jurisdiction: Orissa HC
Fake Invoices worth ₹8.5 Crores and Still Bail is granted!
Vouchers under GST: Navigating their many realities
Refund of Non-Tax Payments in GST: When Section 54 Doesn’t Apply
GST Advisories on Appeals, HSNS Registration & GSTR-3B Liability Breakup
Taxing Intangible: Rethinking Territorial Nexus in Age of Satellite Broadcasting
GSTR-1 vs GSTR-3B Clerical Mismatch Not ‘Self-Assessed Tax’ Without Rule 88C Process: Gauhati 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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