Goods and Services Tax - Page 4

Analysis of Central Goods and Services Tax (Second Amendment) Rules, 2023

Get an in-depth Analysis of Central Goods and Services Tax (Second Amendment) Rules, 2023 with GST Notification No. 38/2023. Learn all about physical verification of business premises, details of bank accounts on the common portal & more!...

Period of limitation in filing appeal stood extended pursuant to 52nd GST Council Meeting

Modern Steel Vs Additional Commissioner And Another (Allahabad High Court)

In the case of M/s Modern Steel vs Additional Commissioner, the Allahabad High Court remands the matter post-52nd GST Council Meeting, exploring appeal limitation. Get insights into the judgment....

Section 56 prescribes interest on delayed refunds after 60 days from date of refund application

Bansal International Vs Commissioner of DGST And Anr. (Delhi High Court)

Delhi High Court held that interest on delayed refunds as per section 56 of the Delhi Goods and Services Tax Act, 2017 is payable when refund remains unpaid even after sixty days from the date of application for refund....

Principal place of business of 3rd person will be place of supply where supply is made on direction of 3rd person

Philips Carbon Black Limited Vs State of Kerala (Kerala High Court)

Kerala High Court held as per Section 10(1)(b) of the IGST Act, the place of supply of goods in case where the supply is made on the direction of the 3rd person, it would be deemed as 3rd person has received the goods and the place of supply of such goods shall be the principal place of business of such 3rd person....

HC Grants Anticipatory Bail in Case of ₹6.04 Crores Loss to State Exchequer

Madhur Marwah Vs State of U.P. (Allahabad High Court)

Explore the case of Madhur Marwah seeking anticipatory bail in a forgery case. Analysis of legal arguments, charges, and court's decision by Allahabad High Court....

Enhancing GST Administration: Creation of State Co-ordination Committee

Office Order No. 28/2023 08/11/2023

Enhancing GST Administration: Learn about Creation of State Co-ordination Committee for Rajasthan. Co-chairs from CGST & CEX and State Tax Officials included....

Failure to Consider GST Portal Details & Returns Bars Initiation of Demand Proceedings: Allahabad HC

Rama Brick Field Vs Additional Commissioner (Allahabad High Court)

Know complexities of GST regime with Rama Brick Field vs. Additional Commissioner case. Allahabad HC highlights failure to consider GST portal details & returns bars initiation of demand proceedings....

A Critical Study with Reference to GSTR2A, 2B & Circumstances Under Which Reversal of Input Tax Credit Arises

Gain a comprehensive understanding of input tax credit, GSTR2A, 2B, and the related conditions with this article. Claim ITC & understand GST rules & due dates...

GST ITC optimum offset/Utilization Tool

Use our GST ITC Utilization Tool to optimize your Input Tax Credit and minimize the challan amount. Our proposed methodology follows the relevant Sections and Rules of the GST Law....

Bombay High Court Directs Swift Action on MSTT Website Development

Ascendas IT Park (Pune) Pvt. Ltd. Vs State of Maharashtra And Ors (Bombay High Court)

Bombay High Court's directive to Maharashtra on the development of Maharashtra Sales Tax Tribunal's website. Progress update and next hearing on 28th November 2023."...

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.

At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.