Goods and Services Tax
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New Grounds Cannot Be Raised at Appellate Stage: AAAR Telangana
Electricity & Water Charges Bundled with Hotel Rent Taxable as Composite Supply: AAAR Telangana
E-Procurement Transaction Fee is Taxable Supply, GST Exemption Not Applicable: AAAR Telangana
GST audit to be completed within 3 months from date on which all records are made available
SC & Bombay HC Uphold Right to Rectify Bonafide GST Error
GST: Section 128A Clarifications on Waiver of interest and penalties
Input Service Distributor (ISD) Implementation, practical procedure, Benefit & drawbacks
GST Grievances & Recommendations – Sales Tax Bar Association
Calcutta HC Orders Appellate Authority to Issue Reasoned GST Order on Merits
Calcutta HC Stays Orders in Revenue-Neutral IGST Credit Error Case Without Conditions
Disciplinary proceedings against GST Deputy Commissioner set aside in absence of any negligence or omission
GST Appeal Limitation: Three months follows British calendar, not 90 days – Kerala HC
GST Appeal Limitation: 90 Days vs. 3 Months – Madras HC Orders Reexamination
Patna HC Allows Rectification of ITC Claim Under GST
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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