Goods and Services Tax
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GST and India’s Circular Economy: Tax Incentives for Sustainable Practices
Taxation of Virtual Digital Assets under GST
GST 2.0: Rate Rationalisation impact on Sector Wise
GST 2.0: Understanding the New Two-Slab Tax Structure
GST on Commission: A Guide for Agents and Brokers
Interpretation & Practical Understanding CGST Section 14 – Change in Tax Rate
Proceedings rightly initiated u/s. 129(1)(b) of GST Act as transactions found to be bogus
CBIC Warns Against Fake GST Transition Benefit News
Arrest under CGST Act Only with Written Approval & Recorded Reasons: Delhi HC
GST Appeal Dismissed as Time-Barred: HC Grants Stay on Recovery
Chhattisgarh HC Allows Adjustment of Excess GST Deposit at Adjudication
Duplicate GST Assessment Cancelled; Writ Declared Infructuous
Gauhati HC Orders Reconsideration of GST ITC Demands, Cites Amended Section 16
Andhra Pradesh High Court Quashes GST Notice Without DIN
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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