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.
GST Penalty Proceedings Must End Once 15% Pre-SCN Penalty Paid: Delhi HC
Officer Cannot Be Suspended for Fraud Occurring After His Adverse GST Report
GST Registration Cannot Be Cancelled Without Inspection of Changed Address: Delhi HC
GST Penalty Quashed as E-Way Bill Was Generated Before Interception
Allahabad HC Sets Aside GST Appellate Order Passed Without Notifying Assessee
Unreasoned GST Order Invalidated for Non-Application of Mind
Allahabad HC quashes Penalty for E-Way Bill Expiry During Kanwar Yatra Traffic Ban
Interest on Delayed GST Payment Mandatory – Madras HC dismisses Petition
Calcutta HC Orders GST Dept to Decide Refund Representation Within 4 Weeks
Excess Stock During GST Survey Cannot Trigger Section 130 Action: Allahabad HC
Non-Filing of GST Returns Not a Ground for Cancellation After Tax Payment: Gujarat HC
Delhi HC Allows Appeal Without Pre-Deposit due to Overlapping GST Demands
Retrospective GST Registration Cancellation Set Aside for Lack of SCN
Anticipatory Bail Granted to Agent as FIR Shows Allegation Only Against Firm Proprietor
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.
