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.
Anti-Profiteering Complaint Dismissed After Re-Investigation Shows No ITC Gain
GSTAT Remands Case as Section 74 Not Sustainable Due to Absence of Fraud
Three-Month Gap Between GST SCN and Order Mandatory: Bombay HC
Karnataka HC Set Aside ITC Reversal for Not Following Circular 183 on GSTR-3B vs 2A Mismatch
Summary DRC-01 and DRC-07 Without Reasons Invalid Under Section 75(6) Calcutta HC
No ITC Reversal Required on Post-Sale Discounts if GST Paid via Debit Note: Gujarat HC
Refund claim of accumulated ITC allowed even when input and output tax is same
Delhi HC Sets Aside GST Cancellation After Physical Verification Confirms Business Existence
AP HC Dismissed GST Writ Due to Unexplained Delay and Laches
IGST Not Payable on Salaries to Foreign Employees: Karnataka HC
Fish Meal GST Dispute Pending in SC Not Ground to Skip Statutory Pre-Deposit: Madras HC
Courts cannot create alternative GST Refund Mechanisms outside Section 54: SC
Mandatory Three-Month Gap: Bombay HC Quashes GST Order for Procedural Violation
No Fresh Pre-Deposit Required if Initial Deposit Exceeds 20% of Revised GST Demand: Jharkhand 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.
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.
