Goods and Services Tax
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Key Amendments / Clarifications of 53rd GST Council Meeting
GST Rates: Solar Cookers, Fire Sprinklers, Poultry Machinery Parts, Pre-Packaged Agricultural Produce & Govt Agency Supplies
GST Clarifications: Railways, SPV, RERA, Digital Payments, Reinsurance & Accommodation Services
GST Proceedings Without DIN Invalid: Andhra Pradesh HC
GST Registration Cancellation Without Reason is Unjustified: Allahabad HC
जीएसटी में जारी अधिसूचनाओं का विश्लेषण
Madras HC Allows Ramco Cement to Contest 6 issues confirmed in GST Order
ITC Ineligible on Breakwater-Wall for Vessel Safety, Not Plant & Machinery
Weekly newsletter from Chairman, CBIC dated 15.07.2024
Madras HC Restores Stunt Choreographer’s GST Registration with Conditions
No Violation of Natural Justice: Madras HC Refuses to Intervene in GST order
CBI Arrests CGST Superintendent and Inspector for Bribery
TNVAT: Madras HC Sets Aside unreasoned Order on Liquor Supply by Club
Tax proposals confirmed for non-submission of documents: HC set-aside GST order
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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