Goods and Services Tax
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Madras HC Quashes Section 74 SCN on 28% GST for Tyres, Tubes & Flaps as Composite Supply
GST notice uploaded on GST portal resulted into non-participation of taxpayer: case remanded
Transfer of Leasehold Rights in respect of property at MIDC/GIDC etc. is not liable for GST
What key arguments to include in reply to GST SCN under section 74 for denial
Bail in fraudulent GST ITC allowed as trial not to be completed in near future
Pre-Deposit Refund to Follow Appellate Sections, Not General Refund Clause: SC
Waiver of late fee via amnesty scheme admissible also to taxpayer who filed GST annual return before 01.04.2023
‘Relevant Period’ Must Be Applied Uniformly for ITC & Turnover Refund Computation: Madras HC
GST Notifications extending Limitation U/s. 168A Struck Down for Arbitrariness
Delhi South CGST Arrests Two for Bogus Invoices Worth ₹199.90 Crore
From Writs to Tribunal: GST Litigation Gets Back on Track
Telangana HC Dismissed Writ for Bypassing GST Appeal Remedy
Gauhati HC grants Interim Relief as GST SCN Covered Multiple Financial Years
Misuse of GST Section 64: Bona Fide Recipients Targeted Instead of Defaulting Suppliers
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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