Goods and Services Tax
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GST Exemption for Autism Centres: Current Status & Policy
GST Revenue Growth and Compliance Measures (2017-2025)
GST Revenue Collection and Evasion Measures
State-wise list of GST And Other Taxes Received in Year 2019 to 2024
GST Revenue from Andaman & Nicobar Islands: 5-Year Data
Whether GST Registration Mandatory for Persons Making Export of Services?
Kerala SGST Introduces Centralised Refund Processing
GST Registration Can’t Be Cancelled Retrospectively without clear notice: Delhi HC
Seizure of goods based on undervaluation justifiable: Allahabad HC
Refund of unutilized credit due to zero-rated supply includes compensation cess
Kerala SGST Act: Interest & Penalty Waiver Guidelines
Clubbing Multiple Assessment Years in a Single GST SCN Is Impermissible
Kerala GST Introduces Video Conferencing for Hearings
Allahabad HC Upholds GST Penalty for Goods Without Valid Challan
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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