Goods and Services Tax
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Bail may be conditionally granted in cases of fraudulent ITC availment through fake invoices
Hostel accommodations are exempt from GST purview: AAR Maharashtra
Biometric Aadhaar Authentication for GST Registration in Bihar, Delhi, Karnataka & Punjab
All about Invoice Management System (IMS) under GST
जीएसटी परिषद b2c लेनदेन के लिए ई इनवॉइस का प्रस्ताव कर सकती है?
Madras HC condones a 285-day delay in GST appeal due to non-service of hard copies
Delhi HC Sets Aside GST Order Due to Portal Issues & directs fresh adjudication
Vague allegations & procedural lapses: Delhi HC quashes GST Registration cancellation order
GST Order Lacked Reasons: Orissa HC Directs Reconsideration of Rectification Application
Unreasoned SCN: Delhi HC Reverses Ab Initio GST Registration Cancellation
Business Suspension Due to ‘Ill Health’ Not Grounds for GST Registration Cancellation
GST Registration Cancellation Shouldn’t Be Delayed due to ongoing assessments or recovery
Delhi HC quashes GST Cancellation cancellation order for Procedural Errors
Retrospective GST Registration Cancellation Order: Delhi HC modifies to SCN date
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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