Goods and Services Tax
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GST Refund Cannot Be Withheld Without Stay of Appellate Orders: Delhi HC
GST Refund Cannot Be Withheld Without Stay of Appellate Order: Delhi HC
Section 54(11) Cannot Withhold GST Refund Without Pending Appeal: Delhi HC
GST on Directors: Remuneration, Rent, Guarantees & Transactions
SC Stays Rajasthan HC Ruling Upholding GST on DBFOT/BOT Toll Concessionaire
Rule 39(1)(a) ITC Distribution Demand Remanded for Fresh Decision: Bombay HC
GST Penalty U/s 122(1A) Unsustainable Where Director Retains No Benefit: Bombay HC
Rajasthan Revises GST Return Scrutiny Guidelines, Risk Parameters & Faceless Process
GST Assessment Order Against Deceased Person Is Non Est in Law: Madras HC
Sun-Cured Tobacco Leaves Retaining Essential Character Taxable at 5%: GST AAAR West Bengal
Complete CKD E-Rickshaw Kit Required for 5% GST Classification: West Bengal AAAR
Section 171 Penalty Inapplicable to Pre-2020 ITC Profiteering: GSTAT
GST SCN Replies: Are You Drafting Your Reply to Lose Case?
GST Considerations While Finalising Books of Accounts: A Practical Guide
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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