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 में खरीददार को इनपुट क्रेडिट सुरक्षा की खबर: सपना, प्रस्ताव और संभावना
Why Can’t I Claim GST ITC on My Car, Staff Lunches & Office Renovation?
GST on Advance for Services: Is Tax Payable Before Work Begins?
GST Assessment Order Set Aside for Absence of Officer Signature: AP HC
Composite GST SCN Quashed with Liberty for Separate Notices: Kerala HC
Interest on Delayed GST Payment Payable despite Voluntary Payment: Madras HC
Legal Heirs Liable for Deceased GST Assessee’s Tax Dues: Madras HC
GST Audit & Return Scrutiny Can Lead to Separate Section 73 & 74 Proceedings: Madras HC
Bogus Agreement & Invalid Invoices Defeat Section 74 ITC Claim: Madras HC
Delayed Allegation of Coercive GST Recovery Cannot Justify Refund: Gujarat HC
Unsigned GST Assessment Order Invalid; AP HC Orders Fresh Adjudication
Section 316(5) BNS Proceedings Quashed as GST Act Governs Allegations: Allahabad HC
Section 50(3) Interest Upheld for Wrongful ITC Availment & Utilisation: Madras HC
Parallel GST Action Barred Under Section 6(2)(b): Tripura 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.
