Goods and Services Tax
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Negative Blocking of GST Credit Beyond Ledger Balance is Illegal Under Rule 86A: P&H HC
Delhi HC to Examine DJB’s ‘Local Authority’ Status and Applicable GST Rate
Orissa HC Set Aside GST Demand for Initiation Against Wrong Person Due to Clerical Error:
Orissa HC Disposed Writ Petition Because GST Appellate Tribunal Became Functional
GST Writ Disposed as Appellate Tribunal Becomes Functional, Pre-Deposit Made Mandatory
Plantation and Tree Maintenance Treated as Charitable Activity Under GST Law
GST Exemption Allowed as Tree Plantation Held as Environmental Preservation: AAR Gujarat
ITC Denied Because Warehouse Treated as Civil Structure After Law Amendment: AAR Gujarat
India’s Growth Accelerates Due to GST Rate Cuts and Domestic Demand Surge
Extended GST Limitation Invalid Without Wilful Suppression: Karnataka HC
GST Registration Restoration Delays Hurt MSMEs: Call for Time-Bound Process
Original GST Order Loses Force After Rectification Order, Writ Dismissed by Madras HC
GST Appeal Delay Condoned as Illness and Financial Distress Were Ignored
GST Appeal Deferred Due to Non-Functional Tribunal—Filing Allowed After Appointment
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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