Goods and Services Tax
Log in to FollowGoods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
No interest on timely GST Deposit in Electronic Cash Ledger
Bombay HC Ruling on GST for Transfer of Development Rights: Reshapes Taxation of Development Rights
Order Quashed as Petitioner Unaware of GST SCN on ‘Additional Notices’ Tab: Delhi HC
Delhi HC Upholds Bail, Rules Re-Arrest Unwarranted in Fraudulent ITC Case
GST On Rent/Lease of Property (Residential Commercial): RCM & FCM
Serve GST notice by alternate modes if GST portal notice not responded: Madras HC
Disallowance of ITC Due to Supplier’s GST Registration Cancellation Remitted Back
Can You Issue a GST Credit Note for Returned Export Goods After Claiming IGST Refund?
General Provisions Relating to Determination of Tax Under CGST Act 2017
CBIC Reports GST Grievance Mechanism and ITC Fraud Detection
Legal Heir Not Liable for Deceased’s GST Dues Without Business Continuity: Jharkhand HC
Passing of order under rule 96(10) of CGST Rules after its omission is invalid
Writ petition not maintainable pending adjudication of detailed GST SCN: HP HC
GST Demand Against Deceased Proprietor Quashed by Allahabad HC
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.
At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.
