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.
Negative ITC Blocking Beyond Ledger Balance Not Permitted Under Rule 86A: P&H HC
Karnataka HC Quashed GST Proceedings for Clubbing Multiple Tax Periods in Single Notice
GST paid on assignment of leasehold land rights is refundable: Gujarat HC
Delhi HC Restored GST Registration for Lack of Reasons in Retrospective Cancellation
GST Refund Delay Beyond One Year Requires Decision Within Fixed Time: Delhi HC
P&H HC Dismissed Writ Petition for Availability of Alternate GST Remedy
Kerala High Court Upholds Portal Upload as Valid GST Notice Service
ITC Litigation After Amendments: Insights from Madras HC in Srinivasa Pharmacy Case
Inpatient Medicines Exempt from GST as Composite Healthcare Supply: AAR Tamilnadu
Energy Storage Not Equal to Electricity Supply – Taxable at 18% GST as Support Services
GST AAR Tamilnadu Declines Ruling as Queries Not Related to Applicant’s Own Supply
AAR Tamilnadu Rejected Advance Ruling Due to Pending GST Proceedings
GST Registration Required Due to Fixed Establishment at Construction Site: AAR Tamilnadu
GST on Used Car Sale by Manufacturer Payable on Full Value, Not Margin: AAR Tamilnadu
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.
