Goods and Services Tax
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India’s GST: 8 Years of Gains & Lingering Pains
AAR Gujarat denies GST Exemption for School Transport & Catering Services
Nil GST applies on Peeled, chopped & packed garlic: AAR Gujarat
No GST on Arbitration Interest & Costs from Pre-GST Contracts: Gujarat AAR
LNG Regasification Service Classified as Job Work, GST @12%: AAR Gujarat
Tapioca Flour GST Ruling Remanded by AAAR Tamil Nadu
Input Tax Credit under GST: Section 18 – Credit Availability in Special Cases
Input Tax Credit under GST: Section 17 – Apportionment & Blocked Credits
GST Input Tax Credit Eligibility: Section 16 Guide
GST on Metallic Film Cutting: AAR Gujarat Clarifies 12% Rate for Job Work
Decoding GST for Clothing Industry in India: A Practical & Legal Insight
Cross-Examination Under GST & IDT: Safeguarding Due Process in Tax Adjudication
Demystifying Excise Duty and Cenvat Credit in A GST-Driven Supply Chain
Calcutta HC Orders IGST Refund for Wrong Period Entry
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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