Goods and Services Tax
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CBIC Marks GST Pakhwada and Signs MRA with SA

SVLDRS benefit withdrawn as material particular furnished in declaration found to be false

SCN Under Section 74 Quashed as Earlier SCN Under Section 73 Lacked Fraud or Misstatement Allegations

Observations of AAAR on ITC expunged since question pertaining to ITC was not originally dealt with by AAR

HC Sets Aside Order Imposing Interest & Penalty as GST Payment Under Protest Isn’t Admission of Liability

Controversy over Section 128A: Whether waiver of interest and penalty is available in GSTR-1 vs GSTR-3B mismatch cases?

Strengthening India’s Tax Regime: Reforming GST Compliance Rating System

ITC Allowed for Genuine Transactions Despite Supplier Default

GST Rule 28: Value of Supply Between Distinct or Related Persons (Other Than Through an Agent)

Writ Petitions Not Maintainable in Fake Invoicing & Circular Trading Cases: Gujarat HC

Mere uploading of notices on GST portal not Valid Notice Service: Patna HC

GST can’t be demanded if a flat price is advertised and sold as inclusive of GST

GST Appeal Limit Starts from Dispatch Date: Madras HC

GST: Deficient Info in Tax Memo Cannot Prejudice Taxpayer – Calcutta HC
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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