Goods and Services Tax
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Refund of Voluntary GST Deposit Cannot Be Rejected Due to Limitation: Gujarat HC

Late Fee Waiver under GST Notification 07/2023 Granted despite filing of return before cut-off date

25% Pre-Deposit was required for discrepancy In GSTR-3B and Form 26AS u/s 203AA of Income Tax

Advisory to Taxpayers on Extension of E-Way Bills Expired on 31st Dec, 2024

GST Revenue Collections for December 2024

State Authorities Cannot Issue SCN if Central Proceedings Are Ongoing Under GST

Procedural Lapses in Seizure Under Section 129 of CGST Act Render Action Invalid

Allahabad HC grants stay on recovery, noting challenges to CGST Rule 96(10)

Reopening based on material available during assessment proceedings not permissible: Bombay HC

Clarification on GST Treatment of Vouchers by CBIC

Clarification on Place of Supply for Online Services to Unregistered Recipients

ITC Availability for Goods Under Ex-Works Contract Clarified

Clarification on ITC Reversal for ECO under GST Act

No Penalty for Goods with Valid Invoice & E-Way Bill Despite Suspended Registration
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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