Goods and Services Tax
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Karnataka HC Allows Consolidated GST Show Cause Notices for Multiple Years
P&H HC Allows GST Accused to Travel Abroad, Citing Right to Travel
P&H HC Quashes GST Prosecution Against Director Without Company as Accused
Kerala HC: Bona Fide Mistake Warrants Fresh Opportunity to Condone KVAT Appeal Delay
Section 6(2)(b) Bar on Parallel GST Proceedings Applied to ITC Dispute: Himachal Pradesh HC
Kerala HC Upholds GST Registration Despite Fraudulent Amendment Application
Madras HC: GST Amnesty Claim Remanded Pending Larger Bench Ruling
Telangana HC: Liberty to Appeal GST Order; Delay to Be Considered Sympathetically
GST Cancellation Revocation Application Permitted for Non-Filing: Telangana HC
Transitional ITC Cannot Be Examined Under GST for Pre-GST Credit: GSTAT Thane Bench
P&H HC Quashes GST Case Against Director, Company Not Made Accused
Telangana HC Restores GST Appeal Filed Within Court-Granted 45-Day Period
Incremental GST Reimbursement Lies Against Employer, Not State: Karnataka HC
Intimation for IGST ITC Reversal: Can Taxpayer Be Forced to Claim Credit for Reversal?
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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