Goods and Services Tax
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Calcutta HC Grants Fresh GST Hearing Under Section 75(4)
Calcutta HC Quashes GST Order Over ITC Mismatch in 2018-19
Calcutta HC Orders Fresh ITC Mismatch Review After Circular 183 Violation
GSTAT Sets Aside Section 74 Demand Based on Mere ITC Reconciliation Difference
Chhattisgarh HC Grants Anticipatory Bail in GST E-Way Bill and M.S. Scrap Case
Why Petroleum Products Remain Outside GST?
Karnataka HC Allows Adjustment of IGST Paid Under Wrong Head Against CGST/SGST
GSTAT Quashes ₹1.39 Lakh Penalty as MOV-09 Was Issued After 47 Days
GST Seizure of Perishable Goods: Calcutta HC Allows Non-Owner to Seek Release U/s. 129(1)(b)
ITC Cannot Be Denied for Toll Plaza Gaps or Supplier’s Supplier Default: GSTAT
Interest Payable on Delayed GST Refunds; Fresh Certification Not Required: Telangana HC
Retrospective GST Registration Cancellation Without Prior Notice Quashed: P&H HC
State Must Reimburse Differential GST on Works Contracts: Karnataka HC
GST Bank Attachment Automatically Lapses After One Year: Delhi 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.
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