Goods and Services Tax
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Blanket Cross-Examination Requests in GST Proceedings Can Be Denied: Delhi HC
GST Matter Remanded as SCN Uploaded in Additional Tab Was Not Noticed
Penalty Unjustified for Delayed Reversal of Credit on Obsolete Inputs: Madras HC
J&K HC Orders GST Registration Restoration Subject to Filing Returns & Paying Dues
COVID-19 Extension Cannot Bar GST Assessment, HC Remands with 50% Deposit
No Reply Filed Due to Accountant’s Lapse: HC Remands GST Case for Fresh Hearing
Madras HC Quashes GST Rectification Rejection for Denial of Hearing; Matter Remanded with 25% Deposit
ITC Fraud Disputes Must Go to Appellate Forum, Not Writ Court: Delhi HC
Madras HC Upholds SC’s Limitation Extension for GST Proceedings, Dismisses Appeal
Confusing SCN Dates Deny Effective Hearing; HC Quashes Order
GST Registration Can Be Restored Upon Filing Pending Returns and Clearing Dues: Gauhati HC
Protest deposit must be considered toward statutory 10% pre-deposit for GST Appeal
Rule 86A Applies Only to ITC Available in Ledger on Blocking Date: Bombay HC
GST Rectification Request Rejected Due to No Error Apparent on Record
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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