Goods and Services Tax
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GST Demand cannot be confirmed u/s. 74(5) since proceedings u/s. 61(2) already dropped
Legal Heir’s Challenge to Tax Recovery: Gujarat HC Ruling
Bombay HC restores GST appeal dismissed on technical grounds
CGST Rule 96(10) – Controversial from Its Inception
GST Implementation: Impact on India’s Tax Structure and Economy
जीएसटी न्यायिक निर्णय: विवादों और धारा 74-130 की समीक्षा
Analysis of Rule 86B of CGST Rule 2017: Restriction on ITC Utilisation
How to avail benefit of newly inserted section 16(5) of CGST Act, 2017?
Keeping refund order in abeyance merely on allegation of wrongful availment of ITC unjustified: Delhi HC
Free Webinar: Invoice Management System from Oct 1, 2024 – Register Now
Chhattisgarh HC allows GST Registration Revocation Petition
Bombay HC stays anti-profiteering re-investigation notice
Allahabad HC on Section 129(1)(b) Penalty Imposition vs. CBIC Clarification
Special Procedure for Rectifying GST Orders -Section 148: ITC Relief
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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