Goods and Services Tax
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Madras HC directs GST dept to issue circular on engaging qualified consultants
GST Order denying budgetary support claim quashed: Sikkim HC
Ineligible ITC Under Section 17(5) of CGST Act 2017
GST Refund application filed without debiting Electronic Credit Ledger not lawful: Writ not entertained
GST DRC-01A: Intimations Under Sections 73, 74, 74A
GST registration allowed to be restored on filing of pending returns & Payment of dues
BCAS Proposes Next-Gen GST Reforms to Simplify Tax System
GST notifications on RCM denying ITC on output security services were constitutionally valid under Articles 14 or 19(1)(g)
Condonation of 26 days delay was allowed as GST Appeals couldn’t be dismissed by Slipshod Orders
Rectification of DVAT return permitted to enable issuance of Form C
Reassessment Notices by Jurisdictional AO Invalid After Faceless Regime: SC
No limitation period applicable on refund of IGST on Ocean Freight
No GST on Landlord If Developer Paid in JDA Case
Legal Boundaries of GST Demand Orders: Imperative of Notice Adherence
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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