Goods and Services Tax
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GST Rule 86B Exemption Denied as Neither Firm Nor Individual Partners Paid ₹1 Lakh Income Tax

Section 73/74 Anti-Evasion Proceedings are Independent of Section 122 Penalty: Allahabad HC

Alipurduar Court Grants Bail in ₹15.30 Crore Cement Smuggling & IGST Evasion Case

IGST Evasion: Bail Granted to Accused in Rs 16.24 Crore Cement Smuggling Case

Pre-Arrest Bail denied in ₹85 Crore IGST Evasion case on Cement

Alipurduar Court Denies Pre-Arrest Bail in Cement Smuggling & IGST Evasion Case

Calcutta HC Rejects IGST Demand Plea as Customs Withdraws EVs’ 5% IGST Notice

Govt Contractor Entitled to GST Reimbursement for Post-GST Work; Pre-GST Guidelines Misinterpreted

Calcutta HC sets aside 200% penalty, orders re-examination of appellant’s intent to evade GST

Calcutta High Court Halts Parallel GST Audit by State Authorities

Vehicle Leasing & Logistics Management Services Under SAC 997319, 18% GST: AAR Odisha

No Reasoned Order, No GST Registration Cancellation: Allahabad HC

Calcutta HC Directs Review of Pre-GST Works Contract

Business Closed? Can We Now Claim GST Refund of Unutilized ITC: Analysis of High Court Judgment
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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