Goods and Services Tax
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Non-response due to technical glitches in GST portal accepted: Madras HC
Punjab & Haryana HC on GST Fraud: IPC & CGST Act Prosecution
High Court Allows GST Appeals Filed Beyond Limitation
Hydrated Lime/Slaked Lime containing less than 98% of Calcium Oxide & Calcium Hydroxide classifiable under CTH 2522 20 00
Penalty Under Section 130 of CGST Act cannot be initiated for Excess Stock
Seniority of GST Officer to be reckoned from from Initial Appointment date, Not Confirmation
Section 16(5) of CGST Act allows ITC if return is filed up to 30.11.2021: Karnataka HC
Sale of unredeemed articles by auctioneers taxable under sales tax: Madras HC
Section 16(2)(c) Defending Input Tax Credit Claims for Bona Fide Purchases
DRC-03A – A chance to adjust your unresolved GST demands
Husband’s critical illness: HC condone delay in Appeal Filing
GST on Diagnostic Services at 18%; No TCS on Medpiper Technologies
Ruling on GST Exemption for Hostel Services – S Residences
GST Exemption for Foreign Clients Not Applicable in Globe Moving Case
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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