Goods and Services Tax
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Excess Stock Should Be Addressed under Sections 73 & 74 GST Act, Not Section 130: Allahabad HC

Section 130 GST Act Proceedings Apply not apply to Unaccounted Stock Found During Survey: HC

E-Waybill Downloaded Before Detention Validates Transaction: HC Quashes Seizure & Penalty Order

CCI Dismisses Anti-Profiteering Allegations against Swastik Harmony Developers

CCI directs investigation for not reducing Cinema ticket prices post-GST rate cut

GST Act not prohibits intelligence officers from issuing SCNs or adjudicating cases

Madras HC quashed GST order passed by State Tax Officer not having Authority to Pass order

Writ merely insisting deferring of GST recovery proceedings not maintainable: Calcutta HC

Penalty for minor discrepancy in address between Tax invoice and e-way bill not justifiable: Madras HC

Allahabad HC Upholds GST Penalty on Bogus Transactions

India’s GDP Growth and GST Amendments FY 2024-25

GST on Hostel and PG Accommodation services

Madras HC Clarifies Jurisdiction in GST Adjudication Orders

Bombay HC permits GST return rectification after statutory deadline if no revenue loss
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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