Goods and Services Tax
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GST on annuity payable by NHAI leviable only if invoice is raised or amount is received: Madras HC
GST on Goods Stored in FTWZ: AAR’s Ruling
AAR Rejects Rectification Request Due to No Apparent Error on Record
GST Classification for Plastic Parts in Electric Batteries
Simplified FAQs on GSTR-1A
HC allows Statutory Appeal Without Pre-Deposit; Goods & Vehicle Released on Bank Guarantee
Section 75(4) of GST Act Mandates Hearing Opportunity for Adverse Orders
Belated Hearing Request should be Considered – Section 75(4) CGST Act: HC
Karnataka HC sets aside GST order citing lack of fair hearing under KGST Act
Madras HC set-aside GST order for breach of natural justice & lack of personal hearing
New Adjudication Procedure in GST: Section 74A
SC directs HC to address jurisdictional issue in a GST assessment order
GST Exemption on Flying Training Services by NFTI: AAR Maharashtra Ruling
GST on Intra and Inter-State Supply of Electricity Energy: AAR Ruling
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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