Goods and Services Tax
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Madras HC Dismisses ITC Plea, Cites Ineligible Credit
Personal Hearing Mandatory Before Adverse GST Order: Madras HC
GST Return Delay Beyond 30 Days Post Best Judgment Can Be condoned
Minor Typo error in e-way bill: Allahabad HC Quashes Rs. 59 Lakh GST Penalty
Denial of Cross-Examination Violates Natural Justice, GST Demand of ₹9.4 Cr Quashed
Can ITC Be Denied if Goods Are Delivered Directly to End Consumers?
Karnataka GST Dept issues GST notices to traders based on UPI transaction data
GST Authorities Cannot Copy SCN Content, Must Consider Submissions: Bombay HC
Service of notice through registered email is valid service: Allahabad HC
No Penalty on Zero-Rated Supply for E-way Bill Expiry: Gujarat HC
Excessive GST Notices & Request for Enhancement of GST Turnover Limits
GST Return Late Fee: Penalties, Calculation & Impact
GST Suspension, Stock Transfers & Merchant Payments: Business Challenges
GST on Immovable Property: Judicial views on Development & Leasehold Rights
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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