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D.O. No. 34/CH(IC)/2020 - (28/09/2020) -
In re Bandai Namco India Private Limited (GST AAAR Maharashtra) -
In re Mayank Jain (GST AAAR Maharashtra) -
In re Nikhil Comforts (GST AAAR Maharashtra) -
In re Konkan LNG Private Limited. (GST AAAR Maharashtra) -
Urbanclap Technologies India Pvt. Ltd. Vs. State Tax Officer (Madras High Court) -
CIAL Duty Free And Retail Services Ltd (CDRSL) Vs. Union of India (Kerala High Court) -
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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