Goods and Services Tax
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GST Implications on Diagnostic Services
Accumulated Inverted ITC Refund Can’t be denied by Filing Date: Gujarat HC
Electronic Credit Ledger: Rule 86B Restrictions
Advance ruling on erroneous ITC adjustment and refund not allowed
HP HC Orders GST Refund for Illegally Recovered GST with Interest
Calcutta HC Interim Order: ITC Denial Amidst Supplier Insolvency
No Proper Notice Service via Portal violates Natural Justice: GST Assessment Set Aside
SC Upholds refund based on modified formula of Inverted Duty Structure Refund
Gauhati HC Orders Prompt GST Registration Restoration
Writ against blocking of ITC under rule 86A of CGST Rules dismissed due to pending adjudication
Additional time granted to furnish reply to GST notice after deposit of 15% of disputed tax amount
ITC barred by section 16(4) of CGST Act is admissible if availed within period prescribed u/s. 16(5)
Separate GST Proceedings Under Sec 73 & 74 Valid, Double Demand Quashed
Fraudulent GST Registration: Bombay HC Slams UIDAI, Govt for Inaction in ID Fraud Case
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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