Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
ITC Cannot Be Denied for GSTR-2A Mismatch as Imports & SEZ Supplies Were Not Reflected
Bail Allowed in Alleged Fake ITC Case Due to Documentary Evidence & Clean Antecedents
Jurisdiction Confusion under GST: Can State Officers Adjudicate Central Taxpayers?
GST Refund Limitation Amendment Cannot Apply Retrospectively to Curtail Vested Rights: Delhi HC
Recovery Proceedings Invalid if Time to File GST Appeal Not Expired: Bombay HC
GSTR-1 vs GSTR-3B Mismatch Notices: Key Steps Before Replying
GST on Leasehold Rights: An Unresolved Conundrum
Section 73 Proceedings Quashed as Incorrect GST Head Did Not Result in Excess ITC
2019 Amendment to GST Refund Limitation Is Prospective, Not Retrospective: Delhi HC
No SCN, No Valid GST Penalty: Punjab & Haryana HC Reaffirms Natural Justice
GST SCN Uploaded Under Additional Notices Tab Invalid for Lack of Effective Service
Actionable Claims under GST: Understanding Taxability through Gameskraft Judgement by Hon’ble SC
Allahabad HC Rejects Recall Plea as No Ground Was Made Out
Calcutta HC Grants Fresh Hearing as GST SCN Was Not Received
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.
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.
