Goods and Services Tax
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Parallel GST Action not Allowed Since SCN Came After State Summons: HP HC
Unreasoned Ex-Parte GST Registration Cancellation Quashed by Allahabad HC
Bail Refused Due to Ongoing Probe Into Large-Scale GST Fraud with Bogus Firm Network
Excess Earlier GST Recovery Qualifies as Pre-Deposit for GST Appeal: Calcutta HC
GST Refund Rejection Set Aside for Ignoring Timely Applications and COVID-19 Limitation Exclusion
Cess Refund Cannot Be Denied Merely Because Exports Were Made on Payment of IGST: SC
Corporate Accountability under GST: Balancing Guilt and Good Faith
AP HC upholds GST treatment of chit fund interest, aligning with Kerala HC view
Challenges in filing GSTR-9 & GSTR-9C and Request to extend due date
Delhi HC allows GST Registration Cancellation from Notice Date Only
Supplier’s GST Registration Cancellation Post purchases not Affect Valid ITC Claims
GST Appeal Restored as 10% Recovery Meets Statutory Pre-Deposit Requirement
Coffee Premix Not Taxable as Beverage Powder Because of Specific Entry: Bombay HC
GST Exemption Limited to Manpower-Based Municipal Services: AAR West Bengal
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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