Goods and Services Tax
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Rectification Warranted for Contradictory GST Orders: Kerala HC
No Separate GST Registration Needed for FTWZ Operations in Tamil Nadu: AAR
GST on Composite Value for Construction & Land Sale
TR-6 challan not eligible document for ITC availment: AAR Tamilnadu
GST Time Limit Extension Quashed: Gauhati HC Invalidates Notification
ITC Can’t Be Denied for Supplier’s Retrospective GSTIN Cancellation: HP HC
Gauhati HC Quashes GST Order for Lack of Notice and Hearing
Flavoured milk classified under GST Tariff Heading 0402 99 990: AP HC
State Tax Authorities not required to issue DIN on any communication: Gujarat HC
CBIC Clarifies Review of Orders by CAA under GST
Calcutta HC Allows GSTR-1 Rectification for Export Errors
Application for Dropping of Proceedings under Section 128A: Draft Format
GST After 8 Years: Review of Challenges & Proposed Reforms
Anticipatory bail application in matter of fraudulent availment of ITC under GST dismissed
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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