Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
No Relief Against GST Demand Due to CA’s Failure to Inform Notices: Delhi HC
SC Granted Bail in Fake ITC Case Due to Prolonged Pre-Trial Custody and Trial Delay
GST Registration Must Be Restored After Clearing Dues: Bombay HC
Section 75(12) GST Recovery Invalid Without Adjudication Due to Wrong ITC Allegation
Allahabad HC Sets Aside GST Appellate Order for Ignoring Lab Report Discrepancy
GST on Real Estate Transactions: Implications, Developers’ Rights & Compliance
Detention Order Challenged Due to Lack of Notice to Owner, Orissa HC Flags Natural Justice Issue
Anticipatory Bail Granted as No Offence Made Out in GST ITC Allegations
Madras HC Set Aside GST Prohibition & Seizure Orders Due to Lack of Confiscation Notice
Madras HC Dismissed GST Writ as Assessee Failed to Opt for Reduced Penalty
GST Detention Invalid as Invoice & E-Way Bill Were Properly Furnished Gujarat HC
कोल्ड स्टोरेज व्यवसाय (Cold Storage Project) में GST: संरचना, ITC और निवेश रणनीति
GST 0.1% Export Benefit Denied Due to Route Deviation Despite Actual Export
Clerical Mistakes in GST Returns Not a Valid Reason to Deny Export Refunds: SC
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
