Goods and Services Tax
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Section 65 GST Audit: Understanding ‘Commencement’ and 3+6 Month Time Limit
Kerala HC Upheld GST Portal Upload of Assessment Order as Statutorily Permissible
ITC Can Be Blocked Even if No Balance Exists on Date of Order: Allahabad HC
Roaming Services Qualify as Export for GST if Recipient Is Foreign Operator, Not Subscriber: Bombay HC
Summary in GST DRC-01 cannot substitute Section 73(1) SCN requirement: Guwahati HC
No Anti-Profiteering Violation Where Post-GST ITC Ratio Lower Than Pre-GST: GSTAT
GST Registration Cancelled: Are You Still a Registered Person?
GST and Cancelled Registration: Is It Illegal to Do Business with Such Suppliers?
Can a Payment Aggregator Be Made Liable for Merchant’s GST Fraud for Not Verifying GST Status?
GST Rule 89(5) Amendment Held Retrospective, AP HC Set Aside Refund Rejection
Rajasthan HC Orders Release of Perishable Goods on Security in Section 130 GST Case
Madras HC Sets Aside GST Order Passed Under Omitted Section 74; Treats It as SCN
GST Order Not Invalid Without Separate DIN if RFN Generated: AP High Court
GST Order Quashed as Proceedings Initiated Against Deceased Sole Proprietor: Allahabad 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.
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