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.
GST SCN Invalid if Multiple Years Combined in Single Proceedings: Bombay HC
Editing allowed in Appeal Pre-deposit Percentage Field in GST Portal
Landmark GST relief on ITC: Karnataka & Tripura HCs protect bona fide buyers
Oxygen Supply with Tanks: GST Classification Depends on What Customer Actually Pays For
Delhi HC to Examine Constitutional Validity of HSNS Cess
HSN Mirroring in GST: A Double-Edged Sword for Goods, A Minefield for Services
Illegal GST Cash Seizure Cannot Be Cured by Income Tax Transfer
CBIC issued FAQs on IGST Refund
GST Order Set Aside Due to Failure to Consider Circular-Based Claim by Taxpayer
GST Order Quashed Due to Mechanical Decision Without Considering Taxpayer Reply
Wrong IGST Payment Must Be Refunded, Not Adjusted: Telangana HC
GST Order Set Aside for Failure to Provide Reasons for Rejecting Taxpayer Reply
Inter-play between Input Tax Credit and IBC
Videography & advocate presence in GST summons allowed on humanitarian grounds
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.
