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.
Detained GST Consignment Must Be Released After Statutory Penalty Deposit: Calcutta HC
Madras HC Quashes GST Assessment Order Due to Death of Proprietor
Madras HC Quashes ITC Reversal Due to Retrospective Extension Under Section 16(5)
GST Registration Cancellation Set Aside as Orders Were Non-Speaking & Arbitrary
GST Waiver Application Cannot Be Rejected Solely for Delay in filing: Karnataka HC
Section 16 of GST: Buyer’s ITC Rights, Practical Limits & Ground Reality
Allahabad HC quashed FIR filed Against Advocate for Filing a GST Appeal
MP HC Dismisses Writ as GST Appeal Was Time-Barred & Portal Notice were ignored
Karnataka HC Quashes GST Proceedings Because Joint Commissioner Lacked Assignment Authority
SC Upholds Quashing of GST Demand as Opportunity of Hearing Was Illusory
Absence of DIN Does Not Invalidate GST Order If RFN Is Verifiable: Rajasthan HC
Non-Mention of Interest & Penalty in GST SCN Does Not Void Proceedings: Delhi HC
GST Assessment Order Quashed as Personal Hearing Denied Despite Written Request: Patna HC
GST Bank Account Freeze Ends Automatically After One-Year Limit: Bombay HC
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.
