Goods and Services Tax
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Excess Stock Requires GST Sec 73/74 Proceedings, Not Sec 130: Allahabad HC
Excel Tool for Bulk GSTR-3B to Excel Conversion
Repeated GST Notice Upload on Portal Without Taxpayer Receipt Not Effective Service: Madras HC
Guwahati HC quashes GST notification no 56/2023: Extensions held Ultra Vires
Calcutta HC Set Aside GST Appeal Dismissal for Marginal Delay
Lack of SCN Awareness: Petitioner Allowed to File GST Appeal Despite Delay
Allahabad HC Orders Release of Seized Goods & Vehicle on Payment of GST & Penalty
E-Way Bill Penalty Non-Compliance Quashed in absence of Tax Evasion Evidence
Landmark Judgments on Recovery in GST Laws: A Comprehensive Analysis
50 Practical FAQs in Input Service Distributor (ISD) Compliance: Everything you must know
Time limit to avail ITC also applies on Bill of Entry for import: Maharashtra AAR
Investment Management Agreement Interpretation Beyond Writ Jurisdiction: Delhi HC
No Physical Notice: GST Registration Cancellation order Quashed by Allahabad HC
Form GST MOV-09 Mandatory Despite Penalty Payment for Goods Release
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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