Goods and Services Tax
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Discretionary remedy in fraudulent claim of GST Input Tax Credit not granted
Profiteering Amount Confirmed & Interest not applicable for Pre-Amendment Period
Brief about GST Beyond Boundaries: India vs The World
GST Registration Cancellation Without Explanation is Invalid: Allahabad HC
Writ Dismissed as Reply Not Filed: Court Directs Taxpayer to Respond to GST SCN
Supreme Court Allows Revival of GST Appeals Despite Pre-deposit Dispute
GSTN Advisory on reporting values in Table 3.2 of GSTR-3B with FAQs
Auto Suspension of GST Registration due to Non-Furnishing of Bank Account
UPVAT Assessment Held Unlawful as Notice Allowed Insufficient Time to Respond
Ex-Parte GST Order Quashed Due to Failure to Notify Next Hearing Date
Writ Jurisdiction Not Applicable in Fraudulent ITC Cases: Delhi HC
Penalty for expired e-way bill Quashed as Intent to Evade Tax not Established
7 E-Way Bill Mistakes That Trigger Heavy GST Penalties — What You Must Avoid
GSTR-9/9C Table-wise Reporting: Essentials & FAQs
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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