Goods and Services Tax
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Request for GST Appeal Time Extension under Section 107
No IGST on supply of services between distinct persons, if recipient unit is entitled for full ITC
Claim Irrecoverable GST as Deduction under Income Tax after Missing Refund Deadline
GST on Initial Public Offers (IPO) and Offer for Sale (OFS)
GST Advisories from GSTN: Returns, Refunds & E-Way Bills
Patna High Court Quashes GST Penalty from Pre-GST Era
Section 130 of GST Act Inapplicable for Excess Stock Found During Survey: Madras HC
Delhi HC Disposes GST Circular Challenge After Precedent
GST on Renting of Immovable Property: RCM, Exemptions & ITC
GST Order Against Deceased Invalid; Notices Must Be Issued to Legal Heirs
Delhi HC Upholds Ex-Parte GST Demand as Assessee Ignored Reminders; Allowed Appeal
Delhi HC Quashes GST SCN for Denial of Proper Hearing Opportunity
Bombay HC Condones Marginal GST Appeal Delay Due to Late Order Communication
No provision under GST for reserving judgment and delivering the same later
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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