Goods and Services Tax
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Appellate Authority, Not Writ Court, Should Examine Discrepancies in Financial Data & Documents
Improper categorization of SCN on GST portal: HC directs fresh adjudication
SCN without reasoning – Delhi HC Restores GST Registration
GST Liability On Owner Of Oil Tanker Leased To Petrolium Company
Important Advisory on GSTR-2B for October 2024
Patna HC Restores Time-Barred GST Appeal Subject to Payment Conditions
Demise of father-in-law: Madras HC Revokes GST Registration Cancellation
Gujarat HC Quashes Bank Attachment Order for Lack of Detailed GST Order
Bombay HC Allows Pepperfry to File belated Reply to GST SCN
GST Case Law Compendium – November 2024: Key High Court & SC Rulings
GST Act Permits Alternate Authentication; Minor Technical Lapses Don’t Invalidate Proceedings
GSTR-2B Duplicate Issue Identified: GSTN Working on Fix
Safari Retreats Judgment: A Game Changer for ITC on immoveable property?
Department cannot pass an order on dated personal hearing: Madras HC
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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