Goods and Services Tax
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CBI Arrests CGST Officer, Private Person for ₹13K Bribe
Railways Revenue From Non-Confirmed Waitlisted Tickets And GST
Action Required by 31-03-2025: GST Amnesty Scheme Under Section 128A
Section 34: Understanding Credit Notes in GST
Allahabad HC quashes GST Demand against Non-Existent Entities
Madras HC remands GST Demand Order for Consideration of Assessee’s Reply
DIN Absence: Andhra Pradesh HC quashes GST Assessment Order
Madras HC Directs GST Authority to Consider Rectification
GST Registration Revocation: Uttarakhand HC Orders Dues Payment & Filing
Orissa HC: GST Registration Revocation Delay Condoned, Review Ordered
Delhi HC Dismisses ITC Fraud Petition Against Chirag Gupta
Identity Theft for GST Registration: HC directs Assessee to file Statutory Appeal
Orissa HC Quashes GST Demand Order for Apparent Assessment Error
GST Amnesty Scheme Deadline Looms; CBIC issues Clarifications & amended Rules
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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