Goods and Services Tax
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GST: Madras HC Directs Production of Documents to prove Goods Movement
Reversal of ITC without verifying invoices, e-way bills: HC remands Order
Madras HC Defers adjudication on GST on Mining Lease Pending SC’s Ruling
GST Taxpayer liable to reply to SCN Despite Dropping of Scrutiny Proceedings
GST Audit under Section 65 Permitted Despite cancelled Registration
GST demand due to TDS Mismatch & Petitioner’s Ignorance: HC directs reconsideration
Absence of GSTAT: Calcutta HC to Hear Writ Petition Challenging GST Orders
ITC eligibility on wires/cables & equipment for electricity transmission
No GST on Employee Canteen Charges: Alleima India Pvt Ltd (AAR Gujarat)
GST on advances received for supply portions under turnkey contracts
GST on Transportation of coal from mines to railway siding or delivery point
Advance Ruling Application Denied Due to Ongoing Audit Commissionerate Proceedings
GST Return Deadline Extended to 30th November from 30th September: Kerala HC
GST on Deposit Work & Supervision Charges in Electricity Transmission or Distribution
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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