Goods and Services Tax
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Grant vs Subsidy Under GST: When Grant-in-Aid Becomes Taxable Consideration
Unified GST Recovery Framework Introduced as Section 74A Merges Fraud & Non-Fraud Cases
GST Recovery Stayed Because Assignment of Leasehold Rights Issue Pending Before SC
जीएसटी विवाद मार्गदर्शन: प्री-डिपॉजिट रिफंड अधिकार, धारा 74 दंड पर सुप्रीम कोर्ट की सीमित राहत और 100% जुर्माने से बचने की अनिवार्य शर्तें
Inverted Duty Refund Allowed Even When Input & Output Tax Rates Match: Karnataka HC
Police Cannot Debit-Freeze Bank Account of GST taxpayers Without Magistrate’s Order: Calcutta HC
Fake Registration or Failed Verification? Retrospective GST Cancellation and Blame on Bona Fide Taxpayers
Madras HC Set Aside GST Assessment as No Personal Hearing Granted After Portal Notices
Madras HC Set Aside ITC Denial as GST Amendment Allowed Credit Till 30-11-2021
Representation on issues faced while filing of Appeal on GSTAT Portal
Madras HC Sets Aside GST Order as No Personal Hearing Was Given Before Passing Assessment
Court Rejects Plea of Ignorance of GST Assessment as Assessee Filed Reply & Attended Hearing
HC Quashes GST Order as Notice Was Served Only Through Portal After Registration Cancellation
GST Recovery Notice Upheld as Uploading Assessment Order on Portal Is Valid Service
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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