Goods and Services Tax
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Retired Partner Liable for GST Dues if Not intimates under Sec 90: P&H HC
P&H HC slams GST Intelligence Over Illegal Detention, dodgy Surveillance
GSTR-6A Reconciliation: The Missing Link in GST
GST on Corporate Guarantees to Foreign Related Parties: No Consideration, Still Export?
Cryptocurrency taxation in India: Analysis
GSTAT Prescribes Dress Code for Members, Parties
No Personal Hearing Needed for Dismissal of GST Rectification: Madras HC
HC Stay: GST Department Cannot Search Advocate Unless Directly Involved
Bail granted to accused involved in offence publishable u/s. 132 of CGST Act
Transitional Credit Cannot Be Denied for Mere Filing Lapse in TRAN-3: AP HC
Temporary Storage of Spare Parts Qualifies as Place of Business Under GST
Corporation Not a Government Authority, Hence No GST Exemption on Services
No GST on Bauxite Loading and Transport Services Provided to SEZ Unit
No GST Exemption for Pre-Packaged Branded Rice and Wheat Flour Over 25 Kg
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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