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.
Section 75(7) of GST Act Prohibits Demand Confirmation on Unspecified Grounds
AP HC Confirms ITC Entitlement under Circular No. 237/31/2024-GST
Bombay HC Rejects Petition filed to Bypass GST Pre-Deposit requirement
Unsigned SCN Invalid Under Section 73 of CGST Act: Gauhati HC
HP VAT: Section 16(7) Penalty Requires Applicability of Section 16(4) – HP HC
Allahabad HC Quashes GST Order Due to Improper Notice Upload
Orissa HC Revokes GST Registration Cancellation After Tax, Fees & Penalty Payment
Orissa HC Disposes GST Writ as Revenue Rectifies Records
Bail Granted to GST Inspector in Bribery Case; Pre-Trial Detention Not Punishment
Non-Constitution of GSTAT: Orissa HC Modifies Tax Deposit for Appeal Stay
Calcutta HC Condones GST Appeal Delay of 5 days, Cites Bonafide Intent
No GST Section 129 Penalty for Incomplete Supplier Details in E-Way Bills
Advisory on Biometric Aadhaar Authentication for GST Registration in Tamil Nadu & Himachal Pradesh
GST Clarifications on Penal Charges, Exemptions & GST on certain Services
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.
