Goods and Services Tax
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Impact of Goods and Services Tax (GST) on Education Sector
53वीं जीएसटी परिषद की बैठक में प्रस्तावित धारा 74ए
Major changes recommended in 53rd GST Council meeting
Madras HC Orders GST Registration Restoration under Strict Conditions
NIL GST Return Filed Due to Inadvertent Error: Taxpayer’s Reply Not Considered, HC Directs Fresh Order
Chennai Water Board GST Exemption Dispute: Madras HC remands case for reconsideration
Taxpayer’s Reply Must Be Properly Considered: Delhi HC
GST: Madras HC Orders Readjudication as Assessee was Unaware of Proceedings
Kerala HC Dismisses Petition: Failure to Deposit mandated GST Penalty
Much awaited reliefs recommended by 53rd GST Council meeting
Bullet point of 53rd GST Council Meeting
Recommendations of 53rd GST Council Meeting in brief
Key recommendations of 53rd GST Council Meeting held on 22-06-2024
GST Council’s Game-Changing Reforms: Relief for Small Taxpayers Ahead!
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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