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.
Chhattisgarh HC Quashes GST Revision for Lack of Reason
Madras HC Directs Reconsideration of GST Order, Allows Appeal Within 15 Days
Allahabad HC Grants Bail in Major GST Fake Invoice Scam Case
Delhi High Court Dismisses Writ, Directs Appellate Remedy in GST Dispute
Gauhati HC Allows Conditional Restoration of GST Registration
Delhi HC on GST ITC Fraud: Writ Jurisdiction to be Exercised Sparingly
Madras HC Sets Aside GST Refund Rejection, Orders Reconsideration on Merits
GST Budgetary Support refunds be based on fixed value addition rates: J&K HC
GST Penalty on Expired E-Way Bill quashed as No Tax Evasion Found
Commercial Metro Developer Not Covered as Government Authority; GST Exemption Denied
Karnataka AAR Rejects Advance Ruling Application of Cheftalk Food
Karnataka AAR Grants GST Exemption for NSDC-Approved Training Services
GST Exemption for NSDC-Approved Training Partner Services: AAR Karnataka Ruling
GST Exemption for Kalvi Career Education Services
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.
