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.
P&H HC Quashed GST Demand as Support Services Were Export, Not Intermediary Supply
Delhi HC Directs CBIC to Clarify GST on Consideration-Free Foreign Services
Calcutta HC Ordered Refund of GST Recovery Beyond Mandatory Pre-Deposit
Bank Account Attachment Lifted Subject to 20% Deposit Due to Pending GST Appeal
No Relief Against Late Filing Penalty, But GST Demands Sent Back for Reconsideration
Closing ITC Cannot Be Reversed After GST Registration Revival: AP HC
Export Refund Rejection Set Aside: HC Allows Ex Post Facto LUT Filing as per Binding Circular
Bona Fide Non-Filing by Accountant: Madras HC directs GST Registration Restoration
GST Registration Cancellation Writ Not Entertained Due to Alternate Remedy Availability
AP HC Quashed Director Liability for Lack of Proven Negligence in Tax Recovery
GST Appeal Delay Condoned Subject to Deposit of Cost with Legal Services Authority
MP HC VAT Dismissed Appeals Due to Unexplained Six-Year Delay
Composite GST SCN for Multiple Tax Periods is Invalid: Karnataka HC
Writ Jurisdiction Cannot Override GST Appeal Limitation Period: Gujarat 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.
