Goods and Services Tax
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WhatsApp Service Invalid for GST detention or confiscation Notices: Kerala HC
No Penalty for Delayed E-way Bill Without Tax Evasion intent: Allahabad HC
Duty Credit Scrips: GST Implications & Input Tax Credit (ITC) Reversal
GST on Ocean Freight: ITC, Legal and Valuation Issues
Delhi GST Mandates Virtual Personal Hearings: Legal Compliance & Natural Justice
Non-communication of ‘reasons to believe’ to arrestee under GST renders arrest procedurally infirm
GST Refund Limitation Runs From Date of Conciliation Pact: Delhi HC
Confiscation unjustified for Clerical Error if no Tax Evasion Intent: Karnataka HC
Examiners Are Turning Into Examinees Before GST Authorities
Gujarat HC Quashes 200% Penalty on Expired E-Way Bill for Export Goods
Unjust Enrichment: A Comprehensive Analysis of Recent Judicial Precedents
GST Notices: Common Triggers and Practical Response Strategies
Himachal HC Quashes Recovery Notice, Orders Fresh GST Assessment
TCS Provisions under GST Explained: E-commerce Operator Obligations
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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