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.
An in-depth Analysis of recommendations of 55th GST Council meeting
55 वी जीएसटी परिषद की मीटिंग के कुछ निर्णयो की समीक्षा।
Bail granted in fraudulent availment of ITC as no incriminating material recovered
Bonafide intent must be proved for property purchased from GST defaulters
Can Government Amend Tax Laws Retrospectively?
GST Rule 86A Conundrum: Interpretation Battles in High Courts
Assessee’s Commitment to File Returns Justifies Setting Aside GST Registration Cancellation
जीएसटी में पुरानी गाड़ियों पर नियम और 18% टैक्स का प्रावधान
GST SCN worded as Final Order Without Proper Hearing Unsustainable: Gujarat HC
पुराने वाहनों (इलेक्ट्रिक वाहनों सहित) की बिक्री पर 18% GST: जानिए नए नियम
GST order lacking proper reasons is liable to be quashed: Delhi HC
GST Rule 37: Reversal of ITC in case of non-payment of consideration
Flavoured milk classifiable under 0402 99 90 and hence leviable to 5% GST: Andhra Pradesh HC
Highlights of 55th GST Council Meeting
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.
