Goods and Services Tax
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GST Motor Vehicle ITC: Section 17(5) Blocks, Exceptions and Demo Cars
SC Sets Aside Tata Steel GST Section 74 Notice Over bland Suppression Allegation
Rooms for Rent: TDS and GST Rules for Business Rent
GSTAT Was Non-Functional: Orissa HC Allows Section 112 Appeal Subject to Pre-Deposit
GST Portal Upload Alone Not Proper Service Under Sections 169 & 146 of CGST Act: P&H HC
GST Electronic Credit Ledger Valid for Legacy Service Tax Pre-Deposit: Karnataka HC
Rajasthan HC Condones 645-Day GST Appeal Delay Over Portal Service
Madras HC Quashes Rectification Rejection, Directs Fresh Hearing on Section 16(5) ITC
Gauhati HC Allows Section 107 GST Appeal Despite Limitation After Wrong Remedy
Rajasthan HC Restores Delayed GST Appeal After Accountant’s Compliance Failure
Gauhati HC Sets Aside GST Order for Defective SCN and No Hearing
Patna HC Grants 9% Interest and Costs for Illegal GST Recovery
GSTAT Quashes ₹2.63 Lakh E-Way Bill Penalty for Bona Fide Procedural Lapse
SC Upholds Section 16(2)(c) Supplier-Tax Payment Condition for ITC
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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