Goods and Services Tax
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Karnataka HC Restores GST Registration subject to filing of returns
Car Lease as Perquisite: GST Implications – Tvl.Faiveley Case
Key GST Amendments in Finance Bill 2024
Madras HC Grants Legal Representative Opportunity to Defend GST Demand
Failure to generate e-invoice not constitute tax evasion if e-way bill is present
Insertion of Section 74A In CGST Act- Its Purport, Comparison with Existing Sections 73 &74 And Impact
GST Proposed Amendments- Finance Budget 2024
Petroleum Products under GST
GST Order Invalid Due to Failure to Consider Petitioner’s Reply: Delhi HC
Assessment Order not sustainable when devoid of any proper reasoning
Budget 2024 में सीजीएसटी/आईजीएसटी अधिनियम 2017 में प्रस्तावित संशोधन की समीक्षा
GST Case Law Compendium – July 2024 Edition
Highlights on Major Changes In GST As Proposed In Finance Bill 2024
GST rate of works awarded by KSTP to Government Contractors
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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