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.
CBIC Excludes Composition Taxpayers from Reverse Charge
UTGST Exemption on Insurance Contributions to Motor Vehicle Accident Fund
IGST Exemption on Insurance Contributions to Motor Vehicle Accident Fund
GST Exemption on Insurance Contributions to Motor Vehicle Accident Fund
Madras HC Directs 25% Payment for Personal Hearing in Fraudulent ITC availment Case
Madras HC Directs 25% Pre-Deposit on Mismatch Between Form 26AS and GSTR-2B
New Rules & UTGST Rates for Specified Hotel Premises wef 1st April 2025
New Rules & IGST Rates for Specified Hotel Premises wef 1st April 2025
GST Rate Changes for Hotels and Restaurant Services wef 01.04.2025
Compensation Cess reduced to 0.1% on supplies to merchant exporters
UTGST Rate on Sale of old and used vehicles, including EVs
IGST Rate Raised to 18% on Sale of old and used vehicles, including EVs
GST Rate Increased to 18% on Old and Used Vehicles including Evs
UTGST on Food Inputs for Free Distribution Under Government Programs
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.
