Goods and Services Tax
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Delhi High Court Examines Validity of Consolidated GST Notices
Section 74 GST: Impact on Genuine Dealers and Need for Amnesty
GST on Freight for FOB Imports of Crude oil and LPG
Intermediary Services Under GST: Challenges & Expected Reforms
Allahabad HC Accepts GST Appeal Pre-deposit Via Personal Ledger Account
Madras HC Directs GST Officers to Ensure Effective Notice Service Beyond Portal Uploads
Madras HC Allows Municipality to Rectify Auditor’s Filing Errors in GST Case
Personal Hearing is not a Formality: Allahabad HC Quashes GST Order
Delhi HC Refuses Writ on ITC Fraud; Cites Alternate Remedies
Delhi HC Flags Duplication in GST ITC Demands: Allows Appeal with Limited Pre-Deposit
Delhi HC Directs Sweetmeat Confectioner to Appeal ITC Demand
Non-Exhaustion of Statutory Remedies: Patna HC dismisses GST Refund Petition
Delhi HC Sets Aside GST Order for Denial of Opportunity to Reply to SCN
HC Declines Writ in ITC Dispute; Suggests Appeal due to Availability of appellate remedy
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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