TaxGuru Newsletter Subscription
Information You Can Rely On.
In re INVENTAA LED Lights Private Limited (GST AAR Tamilnadu) -
In re Rajesh Rama Varma (GST AAR Tamilnadu) -
In re A.M. Abdul Rahman Rowther & Co. (GST AAR Tamilnadu) -
In re Johnsons Lift Private Limited (GST AAR Tamilnadu) -
In re Global Textile Alliance India Pvt. Ltd. (GST AAR Tamilnadu) -
In re Kavi Cut Tobacco (ARUMUGAM) (GST AAR Tamilnadu) -
In re Heavy Vehicles Factory (GST AAR Tamilnadu) -
In re Tamil Nadu Generation and Distribution Corporation Limited (GST AAR Tamilnadu) -
In re Swayam (GST AAR West Bengal) -
In re Mansi Oils and Grains Pvt. Ltd. (GST AAR West Bengal) -
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.
