Goods and Services Tax
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Karnataka HC Quashed GST Order Due to Officer’s Lack of Jurisdiction
GST Appeals: A System Where Even Favourable Orders Are Not Final
GSTN Advisories on Return Deadlines, IMS Import Data, Registration & Bank
GST 2B vs GSTR 2A vs Books — A Complete Founder’s Guide
GST Appeal Restored After Overwriting-Ridden Postal Report Found Unreliable
Bail application in fake GST firm rejected as twin condition u/s. 45 of PMLA not fulfilled
How to Report ITC Claims, Reversals & Reclaims in GSTR-9 for FY 2024–25
Delhi HC Quashed GST Orders Due to Improper Service of Hearing Notice
ITC Allowed on Power Transmission Assets Outside Factory: Gujarat AAR
GST Not Exempt on Blended Cotton Seed Cattle Feed: AP AAR
Legal & Evidentiary Value of GST Assessment Based on Mobile Data and Whatsapp Chat
VAT (Audit) Officer not competent to complete assessment: Orders quashed
Compounding under KVAT cannot be cancelled in case suppression of turnover is detected
Allahabad HC Quashes Penalty for Technical Glitch in Filing Part-B of E-Way Bill
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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