Goods and Services Tax
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Calcutta HC Permits GST Goods Release Against 20% Guarantee
Gauhati HC Quashes GST Order for Lack of SCN and Hearing
Madras HC Condones Delay as Ignorance of GST Order on Portal Held Genuine
Madras HC Quashes GST Order Over Unconsidered Reply
Jharkhand HC Stays GST Proceedings; Audit Objection Not Sufficient for SCN
GST Appeal Can’t Be Dismissed for 1-Day Delay: Jharkhand HC
Madras HC Dismisses Writ as GST Payer Admitted Tax Liability in Reply
Madras HC Sets Aside GST Order for lack of detailed discussion & reasoning
GST Orders Need Detailed Reasoning, Not Just References: Allahabad HC
Delhi HC Allows Consolidated GST Appeal for Two Firms
GST on Transportation: Madras HC Set Aside order for Ignoring RCM provisions
No Interest if GST Paid Timely Despite Late GSTR-3B Filing: Madras HC
Gauhati HC Quashes GST Demand for lack of Proper Show Cause Notice
No Section 75(4) Hearing: Madras HC Quashes GST Order
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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