Goods and Services Tax
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GST: Recording reason to believe in INS-01 is a pre-requisite to initiate Search
Actionable Claim under GST: Simplified Overview
Mutuality principle insulate Madhavaraja club from levy of Luxury tax: Kerala HC
Order passed without considering GSTR-9: Madras HC Directs Re-adjudication
Uttarakhand HC Allows GST Registration Revocation Application
GST order passed without hearing petitioner: Madras HC Remands matter to appellate authority
जीएसटी इनपुट क्रेडिट -ईमानदार व्यापारी की मुश्किलें – कथा, पटकथा एवं संवाद
53rd GST Council Meeting – Major Highlights
Supplier Declaration & Tax Rate Issues: Madras HC directs Re-adjudication
Madras HC Sets Conditions for Restoring Cancelled GST Registration
Madras HC Sets Aside GST Demand Order: Natural Justice Violation
Himachal HC Quashes unreasoned Order Denying Ultra Tech Cement Budgetary Support
Delay due to director’s illness: Madras HC Orders Reconsideration of GST Appeal
Adverse Tax Proposal: Personal Hearing Mandatory, Failure to do so invalidates 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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