Goods and Services Tax
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Summary SCN cannot Substitute Proper SCN Under Section 73(1): Gauhati HC
SCN for GST Registration Cancellation: Delhi HC Orders Re-Verification
GST leviable on rental income received by letting out hotel premises to Police Department
Multimodal Transportation under GST in India: Rules and Rates
Manual Excise Return Valid for GST Credit Transfer: Gujarat HC
Madras HC allows transitional ITC of Cenvat Credit Despite Late Return
Unsigned GST orders are legally invalid: AP High Court
AP High Court Voids GST Order for Missing Signature
Telangana HC Voids GST Orders Due to Missing Digital Signatures
Telangana HC: Unsigned GST Orders Invalid
Advisory on reporting values in Table 3.2 of GSTR-3B
Calcutta HC Grants GST Exemption for River/Canal Excavation provided to Government
GST composition scheme for Bakeries: Rates & Eligibility
One Transaction, Two Realities? GST on Lease Assignments Post Gujarat HC Ruling in GCCI
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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