Goods and Services Tax
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Madras HC Quashes IGST Ocean Freight Orders Following Mohit Minerals
Omission of Rule 96(10): Finality to an unnecessary GST export refund litigation
Jharkhand HC Sets Aside GST Order Passed Against Dead Proprietor
GSTAT Allows ITC Appeal Subject to Verification of Sufficient IGST Credit
SC Disposes GSTAT Listing PIL with Liberty to Pursue Representation
Madras HC Upholds GST Rectification Rejection, Leaves Original ITC Issue Open
GST Refund Cannot Be Withheld for Contemplated Revenue Appeal: Orissa HC
GST Registration Online for Sole Proprietors: Documents, Fees & Process
Karnataka HC directs reimbursement of differential GST on pre-GST works contracts
Andhra Pradesh HC Sets Aside GST Appeal Order Involving Deceased Proprietor
Orissa HC Quashes GST Proceedings Initiated Against Deceased Proprietor
Madras HC Quashes GST Assessment Orders Passed After Proprietor’s Death
P&H High Court Sets Aside GST Assessment for Denial of Hearing Under Section 75(4)
जीएसटी कलेक्शन में 15% बढ़ोतरी का मतलब क्या आर्थिक ग्रोथ भी 15% है?
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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