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 At 9 Years: System Is Running, Time to Simplify for Taxpayers
GST Registration Cancellation Set Aside Subject to Return Filing & Tax Payment: Calcutta HC
Section 69 GST: SC Upholds Arrest Powers with Strict Safeguards
GST Reporting for Restaurants: Food, Liquor & Swiggy/Zomato Orders
SEZ IGST Refund Challenge Not Entertained; Petitioner Directed to Pursue Statutory Appeal: Telangana HC
GST Registration SCN Challenge Disposed; Authority Directed to Complete Proceedings: Telangana HC
GST Refund Rejection Set Aside for Reconsideration in Light of Binding Precedents: Telangana HC
Separate GST DRC-07 Mandatory for Company & Managing Director: Telangana HC
Corporate Guarantee GST Demand Quashed as No Consideration Existed: Bombay HC
IGST Refund Rejection Set Aside as was Based on Invalid Circular: Madras HC
Section 107 GST Appeal Rejection Set Aside with Direction to Decide on Merits: Karnataka HC
GST Registration Restoration Directed to Enable Return Filing & Business Continuity: Calcutta HC
GST Reimbursement Direction Modified to Representation Consideration: Karnataka HC
Anticipatory Bail Denied to Accountant for Prima Facie Role in ₹30 Crore Fake ITC Fraud: Bombay Court
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.
