Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Transitional ITC Carried U/s. 140 Not Refundable Under Section 54(3): Gujarat HC
Bail Rejected in Alleged GST Fraud on Prima Facie Evidence of Involvement: Allahabad HC
Bail U/s. 132 CGST Act Rejected on Prima Facie Material & Non-Cooperation: Chennai Sessions Court
Section 16(2)(c) Safeguards Destination-Based GST Revenue Settlements
Section 50 Interest on Delayed GST Cannot Be Waived Without Statutory Provision: Karnataka HC
GST Registration Cancellation Without Specific Reasons Violates Rule 22(3): Gauhati HC
Fresh GST Proceedings Against Legal Heirs Permissible Under Section 93: Madras HC
Single Section 74 SCN for Multiple Financial Years Without Jurisdiction: Calcutta HC
One Tax, One Nation: How GST Brought J&K Into India’s Economic Mainstream
Retrospective GST Registration Cancellation Requires Notice, Reasons & Objective Criteria
Section 73 Assessment Orders Set Aside for Fresh Examination of SEZ RCM Claim: Madras HC
CGST Section 74 Extended Limitation Valid on Fictitious ITC Material: Madras HC
GST Appeal Cannot Be Dismissed on Hyper-Technical Limitation Grounds Despite Sufficient Cause: Calcutta HC
GST Appeal Allowed Despite Delay Where Order Was Only Uploaded on Common Portal: Madras HC
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
